The arrival of artificial intelligence (AI) supercharged technology stocks in recent years, but the situation changed in 2026. Wall Street's "great rotation" away from tech stocks caused a sharp drop in the share prices of cybersecurity companies. Now, investors have an opportunity to scoop up stocks in the sector at attractive valuations. Buying the dip makes sense because cybersecurity is a necessity to safely navigate online. That's why the industry is forecast to grow from $248 billion in 2026 to $699 billion by 2034. In fact, Palo Alto Networks (PANW +1.74%) CEO Nikesh Arora took advantage of the situation to buy company shares worth about $10 million in March. This was his first buy since 2019. Here's a look at this situation and why it makes sense to buy cybersecurity stocks now. Cybersecurity remains a resilient sector In early 2026, Wall Street believed that artificial intelligence (AI) could usurp cybersecurity companies' business. But several factors make that possibility unlikely. The stakes are too high for organizations to entrust IT security to unproven AI substitutes from the likes of Anthropic, despite its release of an AI capable of finding software vulnerabilities. Look no further than CrowdStrike's technical glitch in 2024 for an example of cybersecurity's central role in today's digital world. The company's mistake caused global disruption to airlines, banks, and hospitals. Rather than lose to AI, the more likely scenario is for cybersecurity enterprises to partner with the companies building artificial intelligence. Both Palo Alto Networks and SentinelOne (S +5.17%) are collaborating with Alphabet-owned Google Cloud to ensure AI infrastructure is protected. NASDAQ: PANW Key Data Points Moreover, several IT security providers have already woven artificial intelligence into their platforms. A prime example is SentinelOne, an early adopter of the tech, having built AI into the core of its systems