Good news for investors to take away from the first presidential debate: Both candidates hinted at a strong sector play regardless of who wins in November…
Both candidates agreed that efforts to protect data and information were at least one key to global security. Hackers are busy these days, breaking into Target Corporation (NYSE:TGT), major political party servers like the Democratic National Committee and Yahoo! Inc. (NASDAQ:YHOO).
Cybersecurity is a massive sector, currently estimated by Cybersecurity Ventures at $1 trillion in spending between 2017–2020, even as cybercrime is expected to grow to $6 trillion by 2021.
Companies spanning the length and width of every sector are spending money to protect data and personal security, led primarily by Europe and the United States.
Truthfully, the uptick in spending opportunity couldn’t come at a better time for the sector—companies in the arena are struggling to grow and earn sustainable profits.
Bottom line: No matter who wins, these 3 companies in the cybersecurity sector will see growth opportunities that even a 400-pound hacker in his bedroom can spot…