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Barchart
Barchart
Pathikrit Bose

3 Buy-Rated Cybersecurity Stocks Analysts Expect to Rally

Cybersecurity Okta Zscaler PANW Palo Alto Networks

With more individuals and enterprises than ever storing their sensitive information digitally, demand for online protection remains strong. According to this report, the cybersecurity market is projected to expand at a CAGR of 10.48%, ultimately reaching $273.6 billion by 2028. 

However, investors right now might have trouble finding attractive values in cybersecurity. Many stocks in the space - including standouts like Cloudflare (NET), CrowdStrike (CRWD), and Checkpoint Software (CHKP) - are trading at or above Wall Street's consensus price forecasts, suggesting they could be overvalued at current levels.

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