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Barchart
Barchart
Ruchi Gupta

1 Cybersecurity Stock to Snag Now for Long-Term Upside

NOW Cybersecurity SentinelOne Andrew Nowinski Lenovo Lyft

After a headline-grabbing summer that included a global IT outage caused by CrowdStrike (CRWD), plus a massive data breach that leaked millions of Social Security numbers, cybersecurity stocks are emerging as a top focus area to watch for tech investors. While many enterprise software stocks have struggled in the face of tighter corporate IT budgets, and shifting priorities that have seen artificial intelligence (AI) spending shoot to the top in recent years, cybersecurity companies benefit from offering a defensive product within the software space - one that major corporations are unlikely to scale back on, even during periods of cost-cutting.

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