What? It is my opinion that cyber security and biotech will be the most noteworthy growth sectors of the 21st century. That said, I want to share my analysis of three prime cyber security stocks: Palo Alto Networks (PANW), CyberArk Software (CYBR), and FireEye (FEYE). For reference, some other noteworthy cyber security firms include Fortinet (FTNT), Check Point Software (CHKP), Rapid7 (RPD), and Cisco Systems (CSCO).
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Chinese Hackers Boost Cyber Security Stocks
As the tech-driven Nasdaq continues its strong 2015 run, already up nearly 9% YTD, one particular sector continues to make headlines for its huge gains: cyber security. Thanks to newsworthy security breaches of celebrities (Kate Upton), corporations, and most recently, the U.S. government, cyber security stocks are on a momentous rise.
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Celebs & Cyber Security
Apple (AAPL) found itself in hot water this week after allegations arose that its iCloud servers had been hacked. The breach targeted celebrity photo streams and ultimately resulted in nude photos of celebrities, including Kate Upton and Jennifer Lawrence, being leaked to the public. As has been reported, all photos were stolen directly from celebrity iCloud accounts after having been transferred from mobile devices.
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