1 Cybersecurity Stock You Can Buy and Hold for the Next Decade
Cloudflare(NET) The Motley Fool·2024-08-23 13:05
This cybersecurity company is scratching the surface of a huge opportunity and is growing at an impressive pace. The cybersecurity industry has enjoyed secular growth over the past few years as companies and governments have been shoring up their defenses to ward off bad actors and prevent breaches. This explains why global cybersecurity spending has jumped from $34 billion in 2017 to $79 billion last year. Annual cybersecurity spending is expected to jump once again in 2024, reaching $87 billion. More impo ...