“The Bull Market of the Next Decade…”
What do Tesla and cybersecurity stocks have to do with one another?
A lot, as it turns out.
For example, when hurricanes begin barreling down on folks in the Southeast again this fall, Tesla owners will be treated to a nice surprise.
Tesla (NASDAQ: TSLA) will remotely update cars within the hurricane’s path and extend their mileage capacity.
More mileage means Tesla owners could travel more miles between charges. That’s a big deal when fleeing a deadly hurricane. And it’s all thanks to advanced computers and wireless networks.
Modern cars are more like rolling supercomputers nowadays, and this advanced tech trend is not only found in the auto world.
Every day, we get more dependent on advanced computer networks.
But this convenience comes with a major warning…
One Day Everything Will Be Hackable
The more connected our lives become, the more vulnerable our data become.
Consumers will pay a premium for the best cybersecurity solutions.
And this truth could mean cybersecurity will become be the bull market of the next decade.
Take for instance the 127% win followers of my exclusive Tech Profits Confidential service locked in for themselves a few days ago with CyberArk Software Ltd. (NASDAQ: CYBR).
Shares zoomed over 20% after the company reported blowout earnings late last week.
CyberArk’s software guarding the “keys to the kingdom” is increasingly in demand as firms tighten up security. Companies like Alphabet with its Google Cloud Platform and Amazon with AWS use CyberArk to protect themselves and their customers’ data.
But CyberArk isn’t the only way you could start profiting off our cybersecurity emergency.
A Bull Market for the Next Decade?
It’s a target-rich environment for most cybersecurity stocks.
Cyber stocks are bouncing back after the recent correction and look like they have lot of upside potential left when looking at the chart for the PureFunds ISE Cyber Security ETF (HACK).
As you can see above, HACK has recovered nicely since December and now has smashed through both its 50-day and 200-day moving averages to the upside.
The same could be said for Palo Alto Networks (NYSE: PANW).
The key thing to note when considering a move into these stocks is this…
We’re looking at a strong bullish trend for both HACK and PANW. But the January–February run-up was incredible.
And as we approach October 2017’s prices again, folks may take some profits off the table. This could cause a brief pause or even a slight dip for HACK and PANW short term.
But long term the bullish trend is strong.
Consider adding some cybersecurity plays in your life ASAP.
For Technology Profits Daily,
Chief Technology Expert, Technology Profits Daily