CIC Wealth's Malcolm Ethridge: It's shortsighted to sell off CrowdStrike or Palo Alto
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- Опубликовано: 10 сен 2024
- Malcolm Ethridge, executive vice president at CIC Wealth, joins 'Closing Bell' to discuss the cybersecurity sector and specific stock names, including Palo Alto and CrowdStrike.
Bought on the dip today, this company is only improving and growing.
Overall, all companies are doing well but market is jittery and often overreacting to small misses (especially when they are punching companies for another sector missing slightly). This is an indicator of heavy volume of day trading activities and hedge fund managers trying to raise capital 😅
Palo Alto network and CrowdStrikes both are excellent cybersecurity companies that can be successful in parallel in a very unsafe World Wide Web upon us. 😅
Excellent analysis.
Like clockwork!