Investment Advisor Jeff Yastine, Looks to Burgeoning Cybersecurity Stocks

Jeff Yastine has been the editorial director at Banyan Hill Publishing since 2015. He has a very impressive career as the editor of Total Wealth Insider. He spent over two decades studying and investing in financial markets.

Earlier this year, Jeff Yastine, championed cybersecurity investments because of the many security breaches that have occurred in the past several years. Businesses and consumers have searched for new, improved security solution. That demand has made cybersecurity companies a desirable investment opportunity. Visit Jeff Yastine on Facebook for more updates.

Yastine recently said that cash is flooding into cybersecurity stocks and they’ve moving higher, so as an investor, you must “follow the money.”

Data Breaches:

No one is protected from cybersecurity hackers or data breaches. Over the past several years breaches had hit enterprise level, small businesses and individuals, leaving them all clamoring for the most sophisticated cybersecurity solutions available.

Top security breaches include:

  • Yahoo which experienced a data breach in September 2016 which impacted 3 billion users.
  • JP Morgan Chase’s breach affected 76 million households and 7 million small businesses.
  • Home Depot experienced that theft of credit and debit card info for over 56 million customers.
  • Other breaches include Equifax, Target, the U.S. Office of Personnel Management and Adobe software to name a few.

Top Opportunity, Cybersecurity Stocks:

Businesses and individuals need to keep their personal information safe and secure, therefore the need for top-level security solutions has increased. Because of supply and demand, the price of cybersecurity stocks have also risen.

Jeff Yastine, who is also a cybersecurity expert, wrote in a recent article on TalkMarkets.com, “companies are concerned that if they don’t find reliable cybersecurity solutions, they will go out of business.” He said that cybersecurity stocks have “been in a bull market since 2011 and have nearly doubled the overall market.” He says that he won’t be surprised if “cybersecurity stocks are the top performer in 2018.”

In addition to Yastine’s forward-looking insights into cybersecurity stocks, CSO Online stated that cyber security spending would gain up to 12% to 15% of year-over-year growth through 2021. This is all due to the desperation businesses have to keep their data secure and gain back the trust of their valued customers.

Jeff Yastine has a loyal following because of his market knowledge and ability to project business trends before. View: https://www.stockgumshoe.com/tag/jeff-yastine/