NASDAQ:WCBR - Nasdaq - US97717Y6591 - ETF - Currency: USD
NetApp Inc. received a price forecast of $120 from a Bank of America Securities analyst ahead of its Q4 earnings release on May 29.
The company's quarterly revenue growth slowed slightly quarter-over-quarter, but key user metrics increased at a faster clip.
Macquarie analyst Steve Koenig said the company's strong third-quarter performance enabled it to enter the fourth quarter with plenty of headroom to post a typical $17 million+ revenue beat.
Cyber threats are evolving rapidly, driving demand for cybersecurity companies. ETFs like WCBR, BUG, and CIBR offer exposure to this high-growth sector.
Shares of Palo Alto Networks (PANW) have tanked on Wednesday morning and with it has come down cyber security focused exchange traded funds. Learn more here.
Unity Software and Meta Platforms could soar during an ad market revival, and Applied Materials could be an outperformer thanks to massive global semiconductor investments.
The e-commerce market is experiencing numerous headwinds, but it could be an opportunity for long-term investors.