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Gen Digital Inc (GEN)
Zitat:Gen Digital, Inc. engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. Its brands include Norton, Avast, Lifelock, Avira, AVG, and CCleaner. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.
Zitat:Cybersecurity and cloud networking stocks are the ones to watch for 2024, says Barclays
Top picks: CrowdStrike, Gen Digital, and Arista Networks.
Seana Smith·Anchor
Sun, December 17, 2023 at 5:20 PM GMT+1
The technology sector is set to outperform again in 2024, with cybersecurity and cloud networking stocks among those best positioned, according to Barclays.
A major catalyst: artificial intelligence.
But it’s not necessarily a rinse-and-repeat for Wall Street. Investors should look beyond chipmakers like Nvidia (NVDA) to some of the tech industry’s lesser-known plays, and here's why: Year two of the generative AI boom will likely serve as a reality check for the industry as companies focus on expanding use cases and mitigating risk.
“It will be about using AI in different ways,” Barclays senior technology hardware and networking analyst Tim Long told me at the Barclays Global Technology conference last week. “We have yet to really see the rest of the build-out.”.............
https://finance.yahoo.com/news/cybersecu...18459.html
