Every year or so we see headlines of a major government, corporate, or social media site hack in which the data of tens of thousands of people is compromised and exposed to cybersecurity thieves. Although these attacks are usually resolved quickly, this time it may be different. With the specter of war present and the tide not going as well as Russian President Vladimir Putin would have liked, he may decide to use cyberattacks not only against Ukraine but also against aligning Western nations. against Russia.
Just last week, the Department of Homeland Security warned of the potential for attacks and noted that U.S. organizations at all levels could face cyber threats stemming from “the possibility for the Russian government to consider stepping up its destabilizing actions” beyond Ukraine.
As the world unites against Russian aggression in Ukraine, you can bet it’s entirely possible that a disgruntled Putin will lash out and unleash a legion of hackers against Western nations. We sifted through Goldman Sachs’ research database for the best cybersecurity stocks that have a buy rating and found four top picks from the company that now look like very solid ideas for aggressive investors. in growth stocks. Remember that no analyst call should ever be used as a basis for buying or selling a stock.
This stock has performed well but still offers a reasonably attractive entry point. Fortinet Inc. (NASDAQ: FTNT) provides comprehensive, integrated and automated cybersecurity solutions in the Americas, Europe, Africa and elsewhere.
The Company’s products and services include FortiGate hardware and software licenses that provide various security and networking features, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam and WAN acceleration. The FortiManager product family provides a centralized and scalable management solution for its FortiGate products.