Theme based investing in cybersecurity is seeing renewed

Theme based investing in cybersecurity is seeing renewed momentum as Q1 breach incidents jump 40% YoY, driving enterprise software stocks higher. ETFs tracking the cybersecurity theme have outperformed the S&P 500 by 3% in the past month. Queen of Swords: February’s energy is pushing you to set clear boundaries and make decisive moves, especially in your financial or professional life this month. You may have been riding on autopilot lately, but your life is asking you to be more involved than ever before. At Morgan Stanley, we believe creating a more equitable society begins with investing in access, knowledge and resources to foster potential for all. We are committed to supporting the next generation of leaders and ensuring that they reflect the diversity of the world they inherit. Theme based investing in cloud computing continues to attract institutional inflows, as enterprise SaaS spending is projected to grow 19% by year-end. Valuations remain rich but supported by strong forward bookings.