Three growth opportunities for cybersecurity stocks

12/12/2023 04:05
Three growth opportunities for cybersecurity stocks

2023 was a great year for software and cyber security stocks, as well as the broader tech sector. With inflation seeming to cool down, and a recent rally in the S&P 500 (^GSPC), can these stocks continue to see a bright side for 2024? Barclays Senior Analyst Saket Kalia sat down with Yahoo Finance Anchor Seana Smith at the Barclays Global Technology Conference to discuss the outlook for software and cyber security stocks in the next fiscal year. Kalia claims, based on the presentations he witnessed, how the environment feels headed into next year: "In areas of cybersecurity it feels very stable and I think the assumptions for Q4 aren't all that herculean." Watch the video above to hear about Kalia's three opportunities for growth in the cybersecurity space and his top stock picks.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

2023 was a great year for software and cyber security stocks, as well as the broader tech sector. With inflation seeming to cool down, and a recent rally in the S&P 500 (^GSPC), can these stocks continue to see a bright side for 2024? Barclays Senior Analyst Saket Kalia sat down with Yahoo Finance Anchor Seana Smith at the Barclays Global Technology Conference to discuss the outlook for software and cyber security stocks in the next fiscal year.

Kalia claims, based on the presentations he witnessed, how the environment feels headed into next year: "In areas of cybersecurity it feels very stable and I think the assumptions for Q4 aren't all that herculean."

Watch the video above to hear about Kalia's three opportunities for growth in the cybersecurity space and his top stock picks.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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