Best Cybersecurity Stocks to Buy Now

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Cybersecurity companies provide services and solutions to safeguard information and data. By 2025, the worldwide cost of cybercrime is estimated to exceed $10.5 trillion per year, making cybersecurity equities a good investment. Cybercrime is the leading cause of cybercrime worldwide. By 2027, the cybersecurity market is anticipated to be worth $403 billion. Some of the world’s most well-known cybersecurity firms, such as Palo Alto Networks and Cloudflare, are based in the United States. In the coming years, cybercrime will almost certainly remain a target. The United States is one of the most vulnerable countries to cybercrime, accounting for 18.2 percent of all ransomware attacks. Cloudflare, Inc. stock has risen 188 percent in the last year.

Insider Monkey analyzes the 15 best cybersecurity stocks to buy now. With 18.2 percent of all ransomware assaults taking place in the United States, it is one of the most vulnerable countries to cybercrime. Cloudflare, Inc. has seen its stock rise 188% in the last year. On the list of the top cybersecurity stocks to purchase today, Fortinet, Inc. ranks sixteenth. Some of the world’s largest corporations, service providers, and government agencies rely on the company’s services. It has nearly 9,000 employees and is headquartered in California. Mimecast Limited is a cloud-based email management firm with headquarters in London. Every day, the corporation sends out over 776 million emails, with 20,000 of them requiring Microsoft 365 security. Mimecast had a net profit of $18.5 million in the fourth quarter of FY21. On the list of the best cybersecurity stocks to purchase right now, Check Point Software Technologies Ltd. is ranked 12th. The firm specializes in IT security software and hardware. It has approximately 100,000 business customers all over the world. Tenable Holdings, Inc. is a cyber-security firm established in the United States. Customers can use the company’s solutions to discover and prioritize risks in today’s IT environment. Tenable Holdings is ranked twelfth among the finest cybersecurity stocks to purchase right now on the list. On the list of the best cybersecurity stocks to purchase right now, NortonLifeLock Inc. is ranked tenth. In Q4 FY21, the company’s net income of $234 million topped the market estimate by $0.02, compared to $167 million the previous year. Varonis Systems, Inc. is an industry-leading platform for protecting data from both external and internal threats. Varonis Systems is ranked ninth. For more details, click 15 Best Cybersecurity Stocks to Buy Now.

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