3 Top Cybersecurity Stocks to Buy in July
Cybersecurity companies are usually resistant to macro headwinds because most of their clients won't lower their digital defenses just to save a few dollars. The market leaders might struggle to gain new customers during economic downturns, but they'll still likely expand over the long term as cyberattacks become costly and devastating.
Last month I discussed why Fortinet, Palo Alto Networks, and CrowdStrike were all great long-term plays on that secular trend. Today I'll add three more promising cybersecurity stocks to that list: Cisco (NASDAQ: CSCO), Zscaler (NASDAQ: ZS), and Cloudflare (NYSE: NET).
Image source: Getty Images.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is an absolute favorite of our community with 152 Buy predictions and no Sell predictions.
As a result the target price of 323 € shows a positive potential of 35.69% compared to the current price of 238.05 € for CrowdStrike Holdings Inc.