Opinions
Larry Berman CFA, CMT, CTA
First Trust NASDAQ Cybersecurity ETF
CIBR-Q
BUY ON WEAKNESS
Sep 11, 2023
$47.460
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
DON'T BUY
Not a big fan of ETFs, especially with cybersecurity. With the ETF, you have to very carefully look at the weightings within. Many will have overweight positions.
Cybersecurity ecosystem is so robust that you can buy the underlying stocks, rather than have someone else, for a fee, build positions for you. On top of that, you can figure out yourself entry points and price targets. Names like CRWD, FTNT, or PANW. See his Top Picks.
E.T.F.'s
Great way to get exposure to cyber security industry.
Terrific run the past 6 months.
Would wait for the share price to fall before buying.
Good for long term investors.