Long
biden administration announce increase in cyber security expense
Last year McAfee AntiVirus didn't went public very well and its stock needed quite some time to recover. But right now it is obvious the trend has reversed and it is strongly heading upwards reaching all time highs. These sort of tech stocks are classified as risky, though from my own perspective. I can't imagine a decrease in cyber security and big data expenses the next 4 to 8 years. So I tend to be permabull on this sort of stocks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.