Any industry that revolves around AI in some way has seen a boost in the stock market, and cybersecurity may be one of the most promising opportunities. As AI efforts expand, companies will have more data that they must safeguard from hackers. Cybersecurity stocks have been long-term winners thanks to their annual recurring revenue models and how valuable they are for companies. The value of cybersecurity firms should continue to rise as AI makes their services more essential.
This post originally appeared at 24/7 Wall St.