| In 2020, public and private cybercrime losses added up to more than $1 trillion. One cyberattack can cost a company millions in the blink of an eye… - In 2020, a ransomware attack cost SolarWinds $25 million.
- In 2021, an attack put Amazon out of commission for about an hour … costing around $75 million.
- Colonial Pipeline was hacked in 2021 and paid out $5 million in ransom.
These attacks hurt companies’ bottom lines, and they can’t fight the threats alone. They bring in experts to upgrade technology and teach staff the best practices to minimize these cyberattacks. And companies that bolster cyber defense are in a lucrative position… Using Chief Investment Strategist Adam O’Dell’s proprietary six-factor Stock Power Ratings system, I found a “Strong Bullish” technology stock: - It advises companies on best practices to protect their — and their customers’ — data.
- The stock jumped 52% in the last 12 months … and it doesn’t show signs of slowing.
- This stock is in the top 2% of all stocks we rate.
Here’s why this technology consulting firm will rise through 2022 and beyond. Suggested Stories: Buy Into Automotive AI Stocks … or Go Bigger? Inflation Insights: Put 2 Food Stocks on Your Earnings Radar | The CEO of Microsoft calls it the "defining technology of our time." And Mark Cuban says this tech will have "10X the impact of the internet." While the CEO of Google says it could be BIGGER than fire. | | I saw a headline the other day that got me thinking: “U.S. college enrollment dropped again in the fall of 2021, despite the arrival of vaccines.” The article suggests that a combination of high costs and a general sense of angst after two years of COVID-19 lockdowns has led a larger number of high schoolers to forgo college. The number of undergraduates is down by more than 6%, or a little over 1.2 million students, from pre-pandemic levels. The article isn’t completely off base. My entire college experience was a four-year, drunken would-be superspreader event. It’s hard to imagine Animal House in masks and face shields. There is some percentage of students who concluded that college life under COVID would be lame and opted to do something else instead. But there’s a much bigger story here … one that’s about to get a lot worse. Let’s see what’s going on and how we can plan accordingly. Suggested Stories: Collateral Damage: Profit Margins in Danger on the Path to “Normal” Trade EU’s Energy Crisis — Top Liquefied Natural Gas ETF | In my new video, I reveal why this is the biggest opportunity yet in electric vehicles (EVs). A former Tesla employee just released a brand-new innovation promising to make every EV out there instantly obsolete, setting up a new market 10X bigger than EVs — and you can buy in right away. | | |  1933: President Franklin D. Roosevelt signed Executive Order 6102, barring U.S. citizens from owning gold. It required anyone holding more than $100 in gold bullion or gold certificates to trade in their precious metal for cash or face a $10,000 fine or jail time. | | Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2022 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe | | |
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