No-Brainer AI Security Stock to Buy and Hold for the Long Run

   December 12, 2024  Posted in Cyber Security Ventures


12 Dec No-Brainer AI Security Stock to Buy and Hold for the Long Run

Posted at 08:54h
in Blogs
by Taylor Fox
This week in cybersecurity from the editors at Cybercrime Magazine

–Read the Full Story in The Motley Fool

Sausalito, Calif. – Dec. 12, 2024

SentinelOne (NYSE: S) is a no-brainer artificial Intelligence stock to buy with $30 and hold for the long run, according to The Motley Fool.

McKinsey & and Co. says if companies were keeping up with the necessary spending needed to fend off the growing threats from hackers and cybercriminals, the market for cybersecurity in the corporate sector would be between $1.5 trillion and $2 trillion per year.

Cybersecurity Ventures estimates cybercrime will cost the global economy $10.5 trillion in 2025. A lack of cybersecurity could lead to a company paying dearly if it gets struck by a successful cyberattack.

SentinelOne is a fast-growing provider of cybersecurity software with AI at its core. It stands to benefit significantly as the spending gap highlighted by McKinsey closes in the coming years. The Motley Fool explains why investors with a spare $30 might want to use it to buy one share of SentinelOne.

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