In a scary market, investors should seek security—cybersecurity, that is.
With bank stocks tanking, the Fed still raising rates, and recession risks rising, finding safe places to invest in appears harder than ever. But in a dangerous world—one where a hack might just be a click away—demand for cybersecurity is growing. It’s likely to stay healthy, even in an economic downturn. Cybersecurity “spending has held up extremely well—Rock of Gibraltar-like spending,” Wedbush analyst Dan Ives tells Barron’s.
Source: finance.yahoo.com
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