From Nasdaq:

Cyber security stocks, like CrowdStrike, have outperformed the Nasdaq-100 this year amid rising cyber attacks. The federal government plans to increase cybersecurity spending to $13 billion in 2025. Despite the potential for price wars, Gartner predicts that cybersecurity spending will grow to $278 billion by 2027, offering a long growth runway for the industry.

On the stock market, CRWD has seen volatile returns, with strong gains in 2023 after underperforming in 2021 and 2022. While individual tech stocks struggle to beat the S&P 500, Trefis’s High Quality Portfolio has consistently outperformed the benchmark index each year. As competition in the cybersecurity space intensifies, companies like CrowdStrike and Qualys have shown varying performance.



Read more at Nasdaq: Will Higher Federal Government Spending, Gen AI Drive Digital Security Stocks Like CrowdStrike Higher?