In Ten Years, These 3 Cybersecurity Stocks May Make You a Fortune
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Cybersecurity industry poised for massive growth as threats increase and digital transformation accelerates.
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Total addressable market estimated to reach $500 billion by 2030 according to analyst Dan Ives of Wedbush Securities.
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Palo Alto Networks is a leader in network security with over 80,000 customers. Stock up 1500% in past decade.
1. Palo Alto Networks
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CrowdStrike pioneered cloud-native endpoint security, and Falcon is in high demand. Stock 500% higher since 2019 IPO.
2.
CrowdStrike
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Zscaler focuses on cloud-based zero trust security solutions. Revenue growing over 50% annually. Stock up over 1000% since 2018 IPO.
3.
Zscaler
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All 3 companies seeing slowing growth in current environment but have strong long-term outlooks.
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Cybersecurity a top priority for CISOs which will drive future growth.
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Stocks trading at premium valuations but should outperform market over next 10 years.
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Analysts bullish on cybersecurity sector and recommend stocks as long-term investments.
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