Top Cybersecurity Stock Picks for 2025
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Cybersecurity threats are on the rise, prompting companies to increase spending on defense measures. A Deloitte survey indicates that 57% of executives plan to boost cybersecurity budgets in the next 1-2 years.
December 07, 2024 | 1:30 pm
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Fortinet (FTNT) is likely to benefit from increased cybersecurity spending as companies look to enhance their defense measures against rising threats.
The article highlights a trend of increasing cybersecurity budgets, which directly benefits companies like Fortinet that provide cybersecurity solutions. As more companies allocate funds to cybersecurity, Fortinet is well-positioned to capture a portion of this increased spending.
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