Analyst Predicts Cybersecurity as Key Growth Sector for Tech, Highlights Crowdstrike Holdings

Reported 2 days ago

Dan Ives from Wedbush believes that cybersecurity, especially companies like Crowdstrike Holdings Inc (CRWD), will become the most significant subsector in technology this year. Despite a recent underperformance in cybersecurity stocks, Ives argues that as businesses increasingly shift to the cloud, cybersecurity's importance will rise dramatically, leading to stronger-than-expected returns during earnings season.

Source: YAHOO

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