CIBR: Enterprises Are Not Prioritizing Cybersecurity (Archive)
Cybersecurity tailwinds strong, but delayed enterprise adoption and rich valuations keep CIBR a hold.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- As the world becomes more digital with more devices and deeper engagement with the internet via AR/VR, cybersecurity becomes more important.
- Cybercrime is a growing risk in a post-COVID world.
- Many enterprises are still deferring cybersecurity investment.
- Valuations are expensive; 26% premium to S&P 500.
- Technical analysis suggests a lack of a bullish trigger.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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