Wedbush Names Its Favourite Cybersecurity Stocks Gaining From Growing Cyberattacks

Wedbush's cybersecurity channel checks with enterprise CISOs revealed higher threat levels leading to "eye-popping" spending and budgets in the field.
Growing cyber threats and the enterprises' cloud and digital shift served as a big boost for the cybersecurity sector, making it a focus sector for tech investors.
The cybersecurity industry led by players like Palo Alto Networks Inc PANW, Zscaler Inc ZS, CrowdStrike Holdings Inc CRWD, SentinelOne S, Check Point Software Technologies Ltd CHKP, CyberArk Software Ltd CYBR, and Tenable Holdings Inc TENB, played a crucial role in protecting governments and enterprises from Russian cyberattacks.
The cybersecurity players also proved very successful in this ongoing cyber warfare that kicked off along with the Ukraine war.
Price Action: PANW shares traded higher by 0.99% at $569.74 on the last check Friday.