It shouldn't come as any surprise given the environment we're in, but cybercrime is increasing just as fast as computer networks.
I mean, cybercrime will reportedly cost the global economy $6 trillion in 2021 — that's a BIG jump compared to the $3 trillion in damages done in 2015.
And along with expanding cyber attacks, security has weakened thanks to a shortage in skilled IT labor — even before COVID-19 struck. These are the main reasons why traders will want to target cybersecurity stocks right now. And, luckily for us, I know exactly which names to target...
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