I've been a fan of cybersecurity stocks for a little while now. The risks that come with stocks in this space are significant right now as would be the case with any fast growing sector where many of the companies are focused on revenue growth and less on profitability. But the potential for long-term growth that comes with cybersecurity stocks is just too large to ignore.
Cybersecurity companies seek to deliver solutions to manage the technological threats that come from hackers and malicious software viruses. It's estimated that only 10% of corporations have a next generation cybersecurity solution in place. That leaves immense potential for growth. And every time another company falls victim to a security breach, cybersecurity stocks grow ever more popular.
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