Cybersecurity Stocks for 2017

Investors were drawn to cybersecurity stocks in 2016 in light of headline-making data breaches and a heightened demand for cloud and Internet of Things (IoT) protection. But at the same time, many cybersecurity stocks suffered from increasing competition, slowing sales growth and low profitability as they evolved to meet the demands of a disrupted sector. While various stocks are set to benefit from a sustained and continuing demand for cybersecurity solutions, analysts, on average, see industry pioneers Symantec Corp. (SYMC) and Palo Alto Networks Inc. (PANW) as positioned to maintain their competitive edge into the new year