AlexTeddySG
2023-05-02

The pathetic story of Cybersecurity stocks in last 20 days. $Zscaler Inc.(ZS)$ $CrowdStrike Holdings, Inc.(CRWD)$ $Fortinet(FTNT)$ 

Elongated sales cycles comined with recession fears and banking crises has induced panic in Cyber Security holders. Its the spilover effect. I hope this ends soon - the earliest I hope is FOMC day.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • koolgal
    2023-07-23
    koolgal
    I am looking to invest in $iShares Cybersecurity & Tech ETF(IHAK)$ and perhaps this is a good time to go in 🤔
  • koolgal
    2023-07-23
    koolgal
    Wow this is really scary.  I thought cyber security is impervious to sell off like this. 
    • koolgalReplyAlexTeddySG: 
      Well the Bull run may continue as cyber security is an expanding sector.
    • AlexTeddySG: 
      😀 i posted this in May. Much has changed since then. I exited ZS around 106, thought of reentry around 115-118 but it never gave a chance in the super bull run. However I had beyond my expectation profits. So no complains. However I feel that most of cybersecurity stock are no more Unicorns.
  • bossbaby
    2023-05-03
    bossbaby
    Ok
Leave a comment
5