Wedbush names PANW, CRWD, ZS as top AI cybersecurity picks

Wedbush identifies cybersecurity as a defensive sector amid AI volatility, naming Palo Alto Networks (PANW), CrowdStrike (CRWD), and Zscaler (ZS) as top beneficiaries. Analyst Dan Ives notes that while AI increases attack frequency and complexity, it drives demand for advanced defense tools. Gartner projects global AI-related security spending will reach $51 billion in 2026, doubling year-over-year. Wedbush maintains a positive outlook on the trio, citing CrowdStrike’s Falcon platform, Palo Alto’s consolidation strategy, and Zscaler’s secure access solutions as key growth drivers.