Saturday, June 27, 2015

Cybersecurity stocks sell off following Fortinet downgrade - PureFunds ISE Cyber Security ETF (NYSEARCA:HACK) | Seeking Alpha

Cybersecurity stocks sell off following Fortinet downgrade - PureFunds ISE Cyber Security ETF (NYSEARCA:HACK) | Seeking Alpha



Here is a great article about why cyber security stocks sold off last week.  I still own HACK, the computer security ETF, because this is a long term trend.  I also plan to buy more on the pullback.  However, I did sell FEYE because it had too much volatility, and I agree with this report that it was overvalued.  If you think you have to sell security stocks, you should do it selectively or own HACK which will give you instant diversification in the sector.

No comments:

Post a Comment