5 Best Performing Cybersecurity Stocks in 2023

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1. Fastly, Inc. (NYSE:FSLY)

Year To Date Share Price Gains: 102.97%

Fastly, Inc. (NYSE:FSLY) is a small cybersecurity company that provides DDoS, bot, and other protection services. It reported a strong set of financial results for its third quarter of 2023 in November 2023 that saw Fastly, Inc. (NYSE:FSLY) grow revenue by 18% annually to mark record levels.

Insider Monkey’s Q2 2023 survey covering 910 hedge funds revealed that 19 had bought and owned Fastly, Inc. (NYSE:FSLY)’s shares. Among these, the firm’s largest shareholder is Richard Driehaus’s Driehaus Capital as it owns 2.9 million shares that are worth $47.2 million.

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Disclosure: None. You can also take a look at 14 Best Cyclical Stocks To Invest In and 11 Best S&P 500 Stocks To Buy According to Ray Dalio’s Bridgewater Associates.

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