Published on 26 Apr 2024 on Motley Fool via Yahoo Finance
Cybersecurity companies are generally resistant to economic downturns, because their clients won't shut off their digital defenses to save a few dollars. Increasingly complex cyberattacks will also drive more companies to upgrade those defenses.
However, it can also be tough for investors to spot the best long-term plays in the fragmented cybersecurity sector. So today, I'll review three straightforward plays on this growing market -- Microsoft (NASDAQ: MSFT), Cloudflare (NYSE: NET), and Zscaler (NASDAQ: ZS) -- and explain why they're still reliable investments.
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