- Excellent quarterly earnings results from cybersecurity firms Okta, Zscaler, and Palo Alto Networks demonstrate why investors need to allocate some capital to the space.
- Investors have a choice and can either buy shares in the companies themselves or invest in a diversified ETF like the Global X Cybersecurity Fund.
- Many of the growth companies in BUG are already cash-rich and operate high-margin SaaS-based platforms that are generating significant FCF now.
- BUG is up 46% over the past year, but in my opinion we are in the wee early innings of what will be a long-term bull run in these stocks.
For further details see:
Recent CyberSecurity Earnings Reports Are Why You Should Own The BUG ETF Now