According to Statista, the cybersecurity industry was worth just shy of $300 billion in 2022 and is projected to approach $540 billion by the decade's end. This underlines how serious corporations have become about protecting themselves and their data against hackers and malicious actors.

It's an opportunity no long-term investor should skip past. The companies providing next-generation security solutions could grow for years to come.

Palo Alto Networks (NASDAQ: PANW), SentinelOne (NYSE: S), and (NASDAQ: FTNT) are three cybersecurity stocks that fit this description. Long-term investors should consider buying them this month.

Continue reading

Source Fool.com