This Sector Belongs In Your Forever Portfolio

Go ahead and put some money into energy and financial stocks as the global economy comes back online. Just don’t go plowing all your money into these sectors. Or put more simply, just because a new trend appears to be emerging doesn’t mean we need to abandon every other trend.

After all, this isn’t a zero-sum game. If one sector rises, it doesn’t mean all others must fall.Truth be told, some sectors are guaranteed to keep going higher — well, forever.

For example, semiconductors, which I’ve told you about many, many times before.

And another no-brainer “forever” trend is cybersecurity. And we just got fresh proof why…

Hacker’s Delight

In recent weeks, a hacker collective successfully accessed 150,000 surveillance cameras in hospitals, police departments, prisons, schools, and companies including Tesla (TSLA). Their motive? As one hacker claiming credit told Bloomberg, “Lots of curiosity, fighting for freedom of information and against intellectual property, a huge dose of anti-capitalism, a hint of anarchism — and it’s also just too much fun not to do it.”

In other words, this was a crime of sport.

Now imagine the implications of such a cyberattack being undertaken by a major world power. Talk about the potential to gain a significant edge.

That’s the thing about the cybersecurity sector. New threats emerge every day — at the same time the attack area is growing every day. What’s more, the world’s never going to stop producing more data. And each new bit and byte becomes another potential vulnerability.

No wonder the White House pegged cybersecurity as “one of the most serious economic and national security challenges we face as a nation.” Possibly ever, I’d add.

So forget about getting caught up in the hyped-up trends of the day. Instead, focus on adding forever growth trends to your portfolio. Pick one — any one — and plan on keeping it in your portfolio for … well, forever.

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