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HOW TO GET IMMUNITY FROM MARKET SHOCKS AND VIRUS(0856 GMT)
If stocks with low-risk and high-growth existed, it’s an
easy pick for investors in any kind of economic environment.
Saxo Bank says cybersecurity ticks those boxes and is probably
the only sector strongly displaying both defensive and growth
characteristics.
“The underlying demand function is stable throughout the
economic cycle and the increased number of cyber attacks have
increased the awareness and need for massive investments,”
Peter Garnry, head of equity strategy at Saxo Bank says.
With the most recent high-profile attack being on a major
U.S. pipeline, cyber security has become a necessity for the
corporate sector and governments around the world.
Saxo estimates the industry growing at 11% until 2028,
naming Palo Alto, Crowdstrike, Zscaler,
Fireeye, Avast and 20 other companies having
potential to outperform broader markets.
Notably, only three of the…