Cybersecurity stocks have not been immune from the recent market sell-off, opening up some attractive entry points for some of the top companies in the space. Meanwhile, cyberattacks are not going away and are becoming more frequent and sophisticated. As such, these are the types of stocks you can buy and hold for a long time.
Let’s look at three cybersecurity stocks you might want to buy now and hold for the long term.
While known for its next-generation firewalls, Palo Alto Networks (NASDAQ: PANW) has transformed itself into more of a complete cybersecurity company.
Seeing customers become frustrated using disparate point cybersecurity solutions, the company made a bold move last year when it introduced a new “platformization” strategy. Under this strategy, it stopped selling new point solutions and began consolidating customers onto one of its three main cybersecurity…
