From Yahoo Finance: 2025-04-30 22:59:00

Identiv, Inc. (NASDAQ:INVE) ranks among the 10 best cybersecurity stocks to invest in under $20. The cybersecurity sector, valued at $172.24 billion in 2023, is expected to reach $562.72 billion by 2032. With rapid growth and evolving technologies like AI and IoT, the industry offers opportunities for innovation and investment.

McKinsey’s report emphasizes the need for enhanced cybersecurity measures as technology advances. AI systems must be secured to protect against new attack surfaces like generative AI and third-party integrations. Smarter protection technologies are essential in safeguarding AI models and client systems from cyber threats.

Policy developments, such as punitive tariffs on technology imports, impact the cybersecurity sector. Tariffs on goods from China and other nations disrupt trade routes and may lead to increased consumer prices and limited supply of critical cybersecurity components. The industry faces challenges in maintaining cybersecurity amid geopolitical changes and economic uncertainties.

Nearly half of American businesses suffer significant revenue losses due to data breaches, costing an average of $4.9 million in 2024. The threat landscape expands with generative AI, stressing security teams already overburdened by monitoring SaaS services. Despite the rising risks, only 40% of SaaS services are actively monitored for security breaches.

The cybersecurity sector faces a paradox with a shortage of 4.8 million cybersecurity experts globally. Strict recruiting practices hinder the utilization of competent IT workers. Practical experience through internships, bug bounty programs, and laboratories is crucial in bridging the talent gap. The demand for cybersecurity services is increasing, pointing towards a transformation in the sector.

Identiv, Inc. (NASDAQ:INVE) emerges as a promising cybersecurity stock under $20. Specializing in IoT and RFID solutions, the company serves various industries, including healthcare and consumer products. Identiv’s revenue for 2024 was $26.6 million, showcasing progress in transitioning to a pure-play IoT company. Strategic alliances, like the one with Novanta Inc., aim to enhance RFID technology in medical equipment for improved patient safety.

Identiv, Inc. (NASDAQ:INVE) is positioned for growth and operational leverage through its PAT strategy, focusing on high-value healthcare and logistics verticals. The company’s transition period is nearly complete, setting a solid foundation for profitable development in 2025. INVE ranks 7th on the list of best cybersecurity stocks, offering potential for investors seeking high-growth opportunities in the tech industry.

Read more: Is Identiv, Inc. (INVE) the Best Cybersecurity Stock to Invest in Under $20?