Jun 12, 2023
Are cybersecurity stocks positioned to rise? Here’s what one analyst says
BNN Bloomberg
,Hot Picks: Three cybersecurity stocks
Speaking with BNN Bloomberg’s Amber Kanwar on Monday, Catharine Trebnick, senior research analyst at Rosenblatt Securities, said some cybersecurity stocks have room to grow beyond 20 per cent as large deals come together within the industry and demand for these products remain strong.
“From talking to chief investment officers it (cybersecurity) still remains a top spending category,” she said.
She likes Palo Alto Networks Inc. (PANW), Fortinet Inc. (FTNT) and CrowdStrike Holdings Inc. (CRWD) as her top three picks in cybersecurity.
Trebnick, her family, her firm and her investment banking clients do not own any shares mentioned above.
Check out the full video at the top of the article to learn more.