On December 10, 2021, Nasdaq announced the annual reconstitution of the Nasdaq-100 Index. The following six companies will be added on Monday the 20th: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. (Nasdaq: DDOG). The following six companies will be removed from the Index: CDW Corporation (Nasdaq: CDW), Fox Corporation (Nasdaq: FOXA\/FOX), Cerner Corporation (Nasdaq: CERN), Check Point Software Technologies Ltd. (Nasdaq: CHKP), Trip.com Group Limited (Nasdaq: TCOM), Incyte Corporation (Nasdaq: INCY).<\/p>\n\n\n\n
I found an ETF that includes 3 of the companies being added. The ETF is First Trust Nasdaq Cybersecurity ETF (CIBR). This fund has a low .60% expense ratio and has gained 17% YTD. The 3 companies that are in this ETF’s holdings are Fortinet, Palo Alto Networks, and Zscaler. Typically, companies will see a short-term stock price increase as funds that track the Nasdaq 100 update their holdings to include the changes. Of course, nothing in the stock market is guaranteed. CIBR was at $56 in early November and is trading at around $51 as of today. There are several other cybersecurity ETFs out there, but I like this one because of its holdings and solid performance over the past year. The FED announced plans to raise interest rates 3 times in 2022. The increases will likely be gradual .25% or less increments as needed to control inflation. The Nasdaq is up about 17% for the year, similar to the CIBR ETF. Maybe not the best time to invest in the Nasdaq, but I don’t think the need for cybersecurity software is going to go away in the coming year.<\/p>\n","protected":false},"excerpt":{"rendered":"
On December 10, 2021, Nasdaq announced the annual reconstitution of the Nasdaq-100 Index. The following six companies will be added on Monday the 20th: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. (Nasdaq:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/404"}],"collection":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=404"}],"version-history":[{"count":1,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/404\/revisions"}],"predecessor-version":[{"id":405,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/404\/revisions\/405"}],"wp:attachment":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=404"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}