Tag Archive for: Stocks

3 Top Stocks to Ride the Buoyancy in Security and Safety Services Industry – October 10, 2023


The Zacks Security and Safety Services industry is poised to benefit from strong demand for security and safety solutions prompted by growing concerns of terrorist and criminal activities and the need to safeguard citizens and infrastructure. Improving supply chains and a deceleration in inflation augur well for the industry’s near-term prospects.

Companies like Axon Enterprise (AXON Free Report) , Brady Corporation (BRC Free Report) and Lakeland Industries (LAKE Free Report) are poised to take advantage of the buoyancy in the industry.

About the Industry

The Zacks Security and Safety Services industry comprises companies that provide sophisticated and interactive security solutions and related services, which are meant to be used for residential, commercial and institutional purposes. A few industry players develop electrical weapons for personal defense, as well as military, federal, law enforcement and private security. Some of them provide solutions for the recovery of stolen vehicles, wireless communication devices, equipment for the safety of facility infrastructure and employees, and products for detecting hazards. A few companies provide a variety of services to automobile owners and insurance companies. The industry serves customers belonging to various end markets, including manufacturing, electronics, hospitality, education, construction, telecommunications, aerospace and medical.

3 Trends Shaping the Future of the Security and Safety Services Industry

Demand for Security and Safety Services: Growing concerns of terrorism and criminal activities around the world are promoting demand for security and safety services. Political unrest across countries, prompting governments to safeguard citizens and protect infrastructure, acts as a key growth driver for the industry. With growing urbanization, governments are increasingly focusing on the safety and security of people, assets and the like, thus driving demand in the industry. Thanks to rising instances of hacking, the industry is seeing growing demand for Internet security products and services like firewalls and…

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How Are Digital Security Stocks Doing This Year?


Our theme of Cyber Security Stocks has gained about 43% this year, performing slightly ahead of the broader Nasdaq-100, which remains up by around 40% over the same period. While the broader tech indices have benefited from enthusiasm surrounding generative artificial intelligence, cybersecurity stocks have also done well, as investors see tailwinds following a tough 2022, which saw the theme decline by about 39%.

Interestingly, OktaOKTA
, a key cybersecurity player, has had a Sharpe Ratio of 0.6 since early 2017, in line with the 0.6 for the S&P 500 Index over the same period. This compares with the Sharpe of 1.3 for the Trefis Reinforced Value portfolio. Sharpe is a measure of return per unit of risk, and high-performance portfolios can provide the best of both worlds.

As the world becomes more reliant on interconnected computer systems, cyber attacks can disrupt economic activity, sabotage critical infrastructure, and compromise countries’ security. This is making digital security a more important investment priority for governments and businesses. There have been a series of high-profile cyber attacks on businesses in recent quarters, including a notable attack on pay TV major Dish Networks. Russia could potentially carry out more cyber attacks on Western targets as its military offensive in Ukraine faces challenges. Moreover, ransomware attacks have also risen over the past year. This should translate into a stable demand for cyber security. Research firm GartnerIT
predicted that enterprise information security spending will approach about $186 billion in 2023 and will grow to $278 billion by 2027. This translates into an 11% compound annual growth rate.

Cybersecurity players are also seeing increasing interest as acquisition targets. Larger tech companies, private equity funds, and defense majors have been acquiring players in this sector, given their somewhat attractive valuations, which are down from…

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Invest in 5 Internet Software Stocks for Sparkling Returns – 24/7 Wall St.


The technology sector is seeing a dream run in 2023 after a highly disappointing 2022. Year to date, out of the 11 broad sectors of the S&P 500 Index, the Technology Select SPDR (XLK) is the largest gainer, jumping 43.6%. Its close resemblance — the Communication Services Select Sector SPDR (XLC) — has also surged 43.3%. Moreover, the tech-heavy Nasdaq Composite has rallied 36.5% year to date.

Within the technology sector, the Zacks Defined Internet-Software Industry is currently placed in the top 25% of all industries with a year-to-date return of 61.5%. The Internet software industry is benefiting from continued demand for a global digital transformation. Growth prospects are alluring primarily due to the rapid adoption of Software as a Service (SaaS), which offers flexible and cost-effective delivery of applications.

SaaS attempts to deliver applications to any user, anywhere, anytime and on any device. It has been effective in addressing customer expectations of seamless communications across multiple channels, including voice, chat, email, web, social media and mobile.

The growing need to secure cloud platforms amid rampant incidences of cyber-attacks and hacking is driving the demand for web-based cyber security software. As enterprises continue to move their on-premise workload to cloud environments, application and infrastructure monitoring is gaining importance. This is increasing demand for web-based performance management monitoring tools.

Moreover, the pay-as-you-go model helps Internet software providers scale their offerings per the needs of different users. The subscription-based business model ensures recurring revenues for the industry participants.

At this stage, it will be prudent to invest in Internet software stocks with a favorable Zacks Rank to strengthen one’s portfolio.

Our Top Picks

We have narrowed our search to five Internet software stocks with strong potential for the rest of 2023. These stocks have seen positive earnings estimate revisions in the last 30 days. Each of our picks carries a Zacks Rank #1 (Strong Buy).

CrowdStrike Holdings Inc. CRWD is benefiting from the rising demand for cyber-security solutions owing to the slew of data…

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moomoo employs secure, highly-available IT architecture to enable 24/5 trading of selected US stocks and ETFs – Partner Content


Trading in United States equity markets enables Australian investors to diversify their portfolios with investments in some of the world’s largest and most-recognised businesses. To deliver 24-hour trading of selected U.S. stocks and exchange traded funds (ETFs), moomoo has connected its share trading platform to a registered broker-dealer with an alternative trading platform that operates outside regular U.S. trading hours.

The new offering means investors using moomoo can trade a list of 165 US stocks and ETFs during Australian daytime hours, as well as at night. 

“We selected the most-traded stocks and ETFs to ensure sufficient liquidity to enable smooth and efficient trades, especially during off-hours when trading volumes are generally lower,” said moomoo Australia chief market strategist Matt Wilson.

“Australia makes up less than 2% of global equities, so if you don’t invest in other markets, you are missing out on a lot of opportunities,” he added.

moomoo uses its own technology to connect via registered broker-dealer and alternative trading system (ATS) operator Blueocean. ATS is an electronic system for crossing orders in stocks governed by the National Market System, the United States’ securities trading regulation mechanism, and is available to registered broker-dealer subscribers only.  

 With the introduction of 24/5 US trading, moomoo users now have access to trading hours that cover the entire day, from 11am Monday to 11am Saturday (AEST).

Backing new feature with institutional tracking, ratings update and industrial chain tools

By using moomoo to invest in the U.S. market, Australians can access features such as an institutional tracking tool that tracks the quarterly holdings of more than 20,000 institutions. 

“This enables investors to ‘follow the big money’ and get an inside look into the strategies of the world’s top asset management firms,” explained Wilson.  

The moomoo application also includes real-time company ratings updates from 4,000 Wall Street analysts, while an ‘industrial chain’ tool also maps out divisions of labour and value chains in 17 industries so investors can identify key players and…

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