Cybersecurity May Lead the Software Recovery 🌤️ The Morning Print
Good morning!
Cybersecurity stocks look poised to outperform the rest of its peers in the software industry.
Let's take a look.
Cybersecurity is only becoming more important, especially as modern warfare evolves and digital threats grow more sophisticated.
The Cybersecurity ETF (CIBR) is already down roughly -12% this year, due to the historic selloff in software related companies.
However, relative to software as a whole, cybersecurity is setup in a massive multi-year base.
When the software sector eventually rebounds, cybersecurity names are well-positioned to lead the industry higher.
This is a space worth watching closely.
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