The stock market is all about themes and right now, given Russia’s invasion of Ukraine and all that has followed in its wake, the times will shine a spotlight on Cybersecurity stocks.
It’s almost taken for granted that as the US and its allies ramp up sanctions and measures intended to shun and isolate Russia, Putin will respond by cyber warfare. Government organizations and corporations are obviously acutely aware of this and will therefore be spending large amounts of money to secure networks and troves of data. And that will provide an enormous tailwind for Cybersecurity stocks.
Surveying the cybersecurity landscape, JMP analyst Trevor Walsh has pinpointed 3 such names that are set to benefit from the current macro developments, and which the analyst thinks are poised to push significantly higher over the coming months.
Using the TipRanks database we can also get an idea what the…
