As the rest of the stock market has struggled on heightened trade rhetoric and many big technology companies have faced regulatory scrutiny over data privacy issues, one subsector of that industry has been on fire: cybersecurity. Companies in the fund include Palo Alto Networks, Fortinet, FireEye, Juniper Networks, CyberArk Software, Symantec and Cisco. Gartner recently projected cybersecurity spending to climb 7 percent to $93 billion this year compared with $86.4 billion in 2017.
ORIGINAL SOURCE: CNBC
