Cyber Threats Could Create a Huge Source of Income
The news on the massive Russian hack could be worse than initially feared – but could also help you make some big gains.
Microsoft Corporation (MSFT) has announced that the recent breach involving Russian hackers on a number of government agencies and private companies also included an incursion which allowed the hackers to view some of its source code.
Basically, a source code is the basis on which a program’s code is written. Having access to a program’s source code could potentially give hackers valuable insights into how programs work, how they could exploit them, and also how to avoid detection.
While the news raises some red flags, Microsoft has insisted that because of the way that their programs are written, the fact that the source code was accessed does not present a greater threat.
Where’s the money?
Concerns over the increased frequency and sophistication of cyber attacks in recent years have put an emphasis on the cyber security industry. As more and more consumers and companies move their purchases online, hackers have more incentive to infiltrate sensitive information.
Those businesses that are entrusted with their customers’ credit card and bank account info, as well as governments around the world, are laser-focused on fighting back. And cyber security companies are going to benefit greatly.
Per Allied Market Research report, the worldwide cyber security market is expected to reach to $304.91 billion globally at an estimated CAGR of 9.4% between 2020 and 2027.
Companies like CrowdStrike Holdings, Inc. (CRWD) and Cisco Systems, Inc. (CSCO) could stand to make massive gains in the coming years.
How do I get some?
But all of that said, I think the best investment to come out of this latest hacking scare is the overreaction on Microsoft’s stock.
Since the news about the source code exposure came out, MSFT is trading over 3.75% down from last week’s high, and right at a good support level.
Look, in the world of cyber security there is always going to be breaches. This is not surprising and I don’t think the long-term effects will matter to Microsoft. They also have so many different points of business that a hit to one aspect of its business can easily be offset by success in others. I think that MSFT stock is a buy on this and any future pullback.
Don’t Be Scared…
Increasing prevalence of cyber attacks will likely scare some traders – and even some companies – into adjusting their strategies for the time being.
But this is no reason for you to be scared into sitting on the sidelines.
In case you missed it, last month, my Super Options members and I had the chance to take profits on 10 out of 11 closed positions, giving us a 90.1% win rate for December.
Best of all, these 10 winners averaged over 79%!
But believe it or not, 2021 is already looking to have even more profit potential.
I strongly recommend you click here now to see what’s coming up next.
In the Spotlight:
Economic recovery is on everyone’s mind as we leave 2020 behind. The new year gives us renewed hope for better days ahead, and we’re going to be ready for them.
While we’ve already seen some remarkable comebacks from stocks that were absolutely crushed by the pandemic, there’s still plenty of opportunities. With vaccinations already behind schedule and a litany of questions still to answer, there’s going to be some big dips on stocks with the biggest comeback potential that we can take advantage of.
Over the coming weeks and months, I’ll be staying focused on the best plays to take massive profits as the world recovers from COVID-19. And I’ll be sharing them with you right here. Stay tuned.