Frequent and increasingly sophisticated cyberattacks are costing companies millions every month. Businesses have responded by spending more on cybersecurity, which has meant new opportunities for a handful of tech firms in that sector, according to a Bank of America forecast.
"Given the tailwinds created … the fundamentals of cyber security companies will be some of the last ones to slow down in an economic downturn, but they'll also be the first ones to recover." CNBC Pro screened for stocks in the sector that could be promising investing opportunities.
As predicted by calculator - This StockMarket Bubble would be called FAANG Bubble! Per WarrenBuffett INTRINSIC VALUE formula, based on 2021 annual reports, $FB/META $AAPL $GOOGL $NFLX are significantly overvalued, but $AMZN is worst of them all!
WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
“Recession resistant”