A Safer Alternative To FireEye Inc (FEYE)

“One of the things I really like about HACK is its industry-specific diversity,” saidMoney Morning Small-Cap Investing Specialist Sid Riggs.

“HACK is most heavily invested in the systems software industry, which will prove to be a great stabilizing force for the fund,” Riggs explains. “That’s the sphere of the IT sector that’s been growing most reliably since 2010, with the consulting firm consulting firm Gartner Inc. already forecasting enterprise software to grow by 7.3% in 2015.”

Launched on Nov. 11, 2014, HACK’s market cap has grown to $1.2 billion in less than a year.

The ETF is up 10.1% since its inception. That compares to a gain of just 1.6% for the Dow Jones Industrial Average during the same time frame.

Money MorningWritten By Diane Alter From Money Morning

We’re in the midst of the greatest investing boom in almost 60 years. And rest assured – this boom is not about to end anytime soon. You see, the flattening of the world continues to spawn new markets worth trillions of dollars; new customers that measure in the billions; an insatiable global demand for basic resources that’s growing exponentially; and a technological revolution even in the most distant markets on the planet.And Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. In fact, we believe this is where the only real fortunes will be made in the months and years to come.

Pages: 1 2

Leave a Reply

Your email address will not be published. Required fields are marked *