Analysis

Five Cybersecurity Stocks to Watch in a New Era of Cyber Warfare
A Symantec bureau manager in his office in Riyadh, Saudi Arabia. (FAYEZ NURELDINE/AFP/Getty Images)
July 19, 2012
| Economics
| Asia and the Pacific, Russia and Central Asia
Summary
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Increasing levels of cyber espionage, attacks from foreign hacker “armies” and other types of cyber crime have vulnerable corporations and governments scrambling to find cybersecurity companies that can protect their information technology infrastructures. Capitalizing on these fears, cybersecurity companies like Symantec (NASDAQ: SYMC) and Accenture (NYSE: ACN) are poised to rapidly grow their revenue and profits by meeting a rising tidal wave of demand.

The cybersecurity industry is ramping up its capabilities to combat increasingly sophisticated cyber tools and malicious software used by hackers and spies.  Investing hundreds of billions of dollars in R&D to meet the growing threat, it should eventually reap large profits to protect military, government, commercial and academic information systems that cannot afford to be compromised. Now may be a good time to invest in the cybersecurity sector because it will likely be many years before it reaches full maturity.

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