Investing.com investing.com 06 Jan, 2021 11:45 am

3 Top Cybersecurity Stocks For 2021 As The Sector Heats Up

3 Top Cybersecurity Stocks For 2021 As The Sector Heats Up
Stocks Analysis by Investing.com (Jesse Cohen/Investing.com) covering: ETFMG Prime Cyber Security ETF, First Trust NASDAQ Cybersecurity ETF, Okta Inc, Crowdstrike Holdings Inc. Read Investing.com (Jesse Cohen/Investing.com)'s latest article on Investing.com

Cloudflare (NYSE: NET ), which provides web security and infrastructure services, ended 2020 as one of the big winners of the year, with shares of the cloud networking and security solution provider gaining 341%.61 last night, earning the content delivery network and web security firm a valuation of $23.p Cloudflare’s stock is likely to continue its remarkable performance in 2021 thanks to surging demand for its web security, content delivery, and enterprise networking services and solutions amid the current environment.The three stocks below could provide some of the best growth potential in the year ahead and are well worth considering given their emerging dominance in the cybersecurity space.

The cybersecurity leader is expected to see even greater demand in the year ahead as it looks to be one of the main beneficiaries of the increased cybersecurity spending from corporations amid the fallout of the massive hack that originated at network management software provider SolarWinds late last year.Okta should continue to enjoy a boost to its already-stellar financial performance in the year ahead, however its lofty price-to-sales ratio of 43 leaves it little room for error.

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