This Overlooked Tech Trend Continues to Grow

Investors have a number of tech trends that they can play. This year, AI stocks have been all the rage. But other parts of the tech space are big and steady winners, even if they don’t get the headline attention.

  • Special: See What One Ticker... One Trade... EVERY WEEK...Can Do for YOU
  • One such area is in cybersecurity plays. Data breaches are on the rise. And companies with the skills to reduce or mitigate the impact of a breach can see growing returns.

    Best of all, these companies tend to have a steady business model based on the recurring revenue of providing ongoing monthly services.

    One big winner is Palo Alto Networks (PANW). Shares are up 24 percent over the past year. While still not quite profitable, the company is becoming the leader for cybersecurity offerings. And they just increased their long-term growth guidance.

    Action to take: Investors interested in the space are buying the industry leader here. It may be best to buy a starting stake now and use any market weakness as an opportunity to add shares. The company is a ways off from paying a dividend, but likely has considerable growth ahead of it first.

  • Special: Legendary CBOE Trader Reveals: Make This ONE Trade Every Time The Government Drops Economic Reports
  • For traders, the trend is higher and looks likely to continue. The December $280 calls, last going for about $7.35, could see mid-to-high double-digit returns from here.


    Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any of the companies mentioned in this article.