MSFT - HACK ETF: Military-Grade Cybersecurity Has Become Crucial

2024-03-15 06:40:25 ET

Summary

• Amplify Cybersecurity ETF offers broad exposure to stocks specializing in cybersecurity and protecting against cyber criminals.
• HACK differentiates itself by also including military-embedded cybersecurity and tech holdings that provide services to the defense sector.
• The ETF could benefit from increased IT spending and the growing intensity and depth of cyberattacks.
• At the same time, the industry is changing as customers adapt to new economic realities.
• There are also rates-related risks, but balancing out, HACK is a buy.

The Amplify Cybersecurity ETF ( HACK ) allows investors to obtain broad exposure to stocks specializing in protecting the data assets of corporations, individuals, and the military against cyber criminals and raising the alert in case of a security breach....

For further details see: