- IHAK holds several big cybersecurity names which are benefiting from an increase in sales as demand for cybercrime combating products are on the rise.
- The U.S administration is also getting tougher on measures to be implemented during the purchase of software by the government and is also encouraging the private sector to continue IT security efforts.
- On the other hand, it is important to note that the rise in interest rates by the Fed can adversely impact the less profitable stocks comprising the iShares' ETF.
- On the positive side, a sustained level of M&A activity is likely to be beneficial in keeping up investors' interest.
- It is worth starting with the price action following the Russian invasion, which points to an outperformance of cybersecurity stocks with respect to the wider tech sector.
For further details see:
IHAK: Cybersecurity Threats From Russia Offer An Upside Potential