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BUG - HACK: Interesting And Well-Built But Rangebound For Now
Global X The Global X Cybersecurity ETF
Summary
HACK is an ETF that invests in a focused basket of stocks in the cybersecurity business.
Cyberattacks are expected to grow an estimated $10.5 trillion in damages annually by 2025. This creates a massive opportunity for the companies HACK invests in.
We like this ETF but limit our enthusiasm to a Hold rating, given the inability of "risk-on" industries like this one to break out with vigor.