As the bear market came barreling through 2022, growth stocks and tech stocks took the brunt of the beating. Cybersecurity stocks also took a good beating, as they too are growth and tech stocks. Not to mention, many of these names tend to sport elevated valuations. That made it easy for bears to short, as these stocks simply cannot support a high valuation in a rising-rate, bearish environment. However, one theme that stood strong was cybersecurity. As a result, that should have investors looking at cybersecurity stocks to buy.
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