News Formal

Jim Cramer sees a bull market in cybersecurity

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

CNBC’s Jim Cramer said demand for cybersecurity is high, indicating a potential bull market for the sector.

CNBC's Jim Cramer said he sees a bull market in cybersecurity, pinpointing names such as Palo Alto Networks, CrowdStrike, Okta and Zscaler.

"You always want to buy the stocks of companies in industries where demand is most rabid," Cramer said."The litany of hacks has made it clear that you either pay a king's ransom to the bad guys or you see your earnings slaughtered.""You always want to buy the stocks of companies in industries where demand is most rabid," Cramer said.

Cramer pointed to recent high-profile security breaches that came to light after the U.S. Securities and Exchange Commission ruled that companies have four days to reveal a hack, which showed the widespread nature of the issue.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 545. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Jim Cramer's top 10 things to watch in the stock market MondayThe Dow, S&P 500 and Nasdaq were lower Monday after Hamas conducted a surprise attack on Israel.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer explains why the Israel-Hamas war may not steer Monday's market actionCNBC’s Jim Cramer suggested the deadly conflict between Israel and Hamas may not be the driving force in Monday’s market action.
Källa: NBCDFW - 🏆 288. / 63 Läs mer »

Cramer says Vertex has a drug that may address the ‘largest market opportunity in the world'CNBC’s Jim Cramer said investors keep an eye on Vertex Pharmaceuticals (VRTX) as the company develops a non-opioid pain drug.
Källa: NBCNewYork - 🏆 270. / 63 Läs mer »

Looking for a bull market? Jim Cramer says Palo Alto Networks is ‘kind of unstoppable'CNBC’s Jim Cramer sees opportunity in cybersecurity stocks including Palo Alto Networks, which his Charitable Trust owns.
Källa: NBCLA - 🏆 319. / 59 Läs mer »