This story was originally published here.
There’s a nice case for cybersecurity stocks at the moment. The need for digital security is greater than ever. Meanwhile, valuation, at least in the context of tech more broadly, doesn’t look that prohibitive.
To be sure, cybersecurity stocks have performed well so far in 2020. Some names have nearly doubled. But the sector’s largest exchange-traded fund has gained less than 14%, and actually lagged the Nasdaq Composite year-to-date and over long timeframes.
That seems somewhat surprising. The novel coronavirus pandemic is accelerating trends that require ever-better, and ever-pricier, cybersecurity efforts. Remote work is one obvious catalyst for the sector. The general move of activity online is another. Zoom Video Communications (NASDAQ:ZM) is just one example of a company that saw security concerns rise along with its user base.
The combination of secular growth and reasonable valuation is attractive. That’s particularly true in a market that prizes growth, but also has priced that growth rather dearly in many cases. And with such a broad range of options, cybersecurity stocks can appeal to every kind of investor. Here are 10 names to watch closely going forward…
Editor's Note: Click here to keep reading.
Electric cars are taking over
Dear Reader,
A new type of battery is pushing everything we thought we knew about energy storage to the limits.
According to automotive insiders, consumers will soon be able to go 1,000 miles on a single charge.
Think about that for a moment…
That’s nearly TRIPLE the distance of the best-performing electric cars on the market right now — and more than 8 TIMES farther than the average electric car…
That means you could drive from New York City all the way down to Daytona Beach, Florida, without stopping!
A 1,000-mile range clobbers even the most fuel-efficient gas vehicles on the road today!
In short, this tech is about to change EVERYTHING.
When you see this live-action demo, you’ll understand why.
Here’s the best part:
At the heart of this new technology is one company — 1/1,000th the size of GM.
If you want to get in on the electric car revolution, this is easily the best way to do it.
Click here to see the full story.
Sincerely,
Matt McCall
Senior Investment Strategist, InvestorPlace