In this video lesson I review the day-one of a new rally attempt in the overall market, discuss my new swing trade in a cyber-security leader, and review my tier-one long-term portfolio purchases in my favorite leading stocks before the closing bell.
Cybersecurity ETFs are in the news after reports of US halting cyber attacks on Russia, reigniting investor interest. Notable options include BUG, CIBR, and HACK.
Cyber threats are evolving rapidly, driving demand for cybersecurity companies. ETFs like WCBR, BUG, and CIBR offer exposure to this high-growth sector.
The top 10 best performing large-cap stocks in the last week were Atlassian, Royal Caribbean, IBM, GitLab, Check Point, RBC Bearings, Alibaba, Duolingo, Franklin Resources, and Cloudflare.
Among the operational metrics, calculated billings rose 11% year-over-year to $959 million, and remaining performance obligations climbed 12% to $2.5 billion.
Cybersecurity is crucial as cybercrimes are becoming increasingly sophisticated. To invest, consider BUG, HACK, and IHAK ETFs with top holdings like CRWD, FTNT, and AVGO.
At least a dozen Wall Street analysts hiked their price targets on Fortinet stock in the wake of the cybersecurity firm's investor day, where it provided new financial targets.
