Follow the money, right? That is what you need to do if you are trying to find stocks that will make great investment opportunities. Well, according to Jeff Yastine, if you want to find out what to invest in, you really do need to look at where people are making the most money. In this case, it is going to be the cybersecurity industry, says Jeff Yastine.
Many people will remember Jeff Yastine from his nightly appearances on PBS. He was a financial reporter who would update the viewers on the latest best choices for stocks and so on. Jeff Yastine was generally respected for his great advice and recommendations concerning the stock industry. That is why when he joined Banyan Hill Publishing to put out a newsletter concerning which stocks to invest in, the newsletter took off pretty quickly. Everyone started to respect him for his on the spot advice and predictions concerning the latest stocks. Visit at stocktwits.com to learn more.
Jeff Yastine, in his newsletter, talks about the cybersecurity industry and how fast it is growing. He says that in the past four months alone, companies have seen a growth rate of over fifty percent. If this trend continues, you can gain a lot of money by simply investing in cybersecurity stocks.
The cybersecurity industry is going to take off, says Jeff, because more and more people are realizing how important it is to protect the data of their customers. More and more stories are circulating in the news about big companies that were hacked and the data of their customers was stolen. Businesses are realizing that if they want to safeguard the data of their customers, they are going to need to get a secure system. The newest laws that were put in place in the EU, called GDPR, are also going to affect a lot of businesses and cause the cybersecurity industry to get a boost.
In particular, says Yastine, you should consider investing in the competitors of Amazon. This is because they are going to rise. A well known saying on Wall Street is that all boats are lifted by a rising tide, which means that many times, if you see large gains in a short time, it may signal a future for the industry. Of course, that is not always the case, as it can be a fluke. However, you sometimes just have to wait it out and see.