Invest in Wiz Stock

Jeff Siegel

Written By Jeff Siegel

Posted July 19, 2024

Can you invest in Wiz stock?  A lot of people want to know. 

After Google announced its intentions of acquiring the cybersecurity company for $23 billion, searches for Wiz stock skyrocketed.  This shouldn’t come as a surprise.  After all, who wouldn’t want a piece of this action?

wiz stock

Unfortunately, retail investors cannot invest in Wiz.  But the proposed acquisition price of $23 billion for a cybersecurity company didn’t come as a surprise for those who follow the industry.

Truth is, this is an industry that increases in value every single day.  And the reason is simple: cyberattacks have become increasingly sophisticated over the past few years. 

The most recent that really sticks in my mind is the ransomware attack on a prescription processor called Change Healthcare.  Change Healthcare is owned by behemoth United Health (NYSE: UNH).  That attack prevented hospitals and pharmacies from processing claims and receiving payments. 

This attack didn’t just affect Change Healthcare’s ability to generate revenue, it also put lives at risk.  Imagine not being able to get your blood pressure pills or insulin or any of the other thousands of medications that many rely on to stay alive. 

Imagine heading to the hospital for heart surgery, only to find out your surgery has to be postponed until the hospital secures its payment systems.  These are very real scenarios.  Not some random science fiction fantasy. 

Of course, it doesn’t have to just be an attack on a prescription processor or hospital to put lives at risk.

If only we could invest in Wiz stock

I spoke with a cybersecurity expert before writing this article.  And she told me that without proper cybersecurity measures in place, it wouldn’t take much to send us back into the stone age.  She was being a bit hyperbolic, of course.  But the threats are very real.

She told me how the systems that support our energy infrastructure are under attack every single day.  And while those systems have been successful in thwarting major attacks, the threat is not without concern.  

What happens if our entire energy infrastructure were to go down?  Electricity production, distribution, transmission.  We would be sitting ducks for anyone who would want to do us harm. 

Make no mistake.  Without a steady supply of uninterrupted power, we’re screwed. 

And what happens if there’s a cyberattack on our water infrastructure?

Just a few months ago, the EPA found that roughly 70% of inspected water utilities “violated standards meant to prevent breaches or other intrusions.”  Inspectors are worried about small water systems, too.  Apparently there have already been cyberattacks on smaller communities, perpetrated by groups sponsored by Russia and Iran. 

Other cyber attack targets that are integral to our safety and economic security include:

  • Banks
  • Prisons
  • Telecom
  • Food distribution networks
  • Military installations
  • Oil and gas pipelines

With so much at stake, it’s no surprise that a company like Wiz would have a $23 billion price tag attached to it.  But because Wiz is not publicly-traded, you can’t profit from it.  There are, however, a number of other publicly-traded cybersecurity companies that will allow you to wet your beak.  One of my favorites is CrowdStrike (NASDAQ: CRWD), which I actually wrote about last month. 

Other cybersecurity stocks to consider include…

  • Cloudflare (NYSE: NET) 
  • Zscaler (NASDAQ: ZS) 
  • Palo Alto Networks (NASDAQ: PANW) 

I’m quite bullish on the cybersecurity industry as a long-term investment that should pay off quite well for many years to come.  

Of course, not everyone is interested in cybersecurity.  But there’s more than one way to make a boatload of cash. 

Take this new government stimulus stipends program, for instance.  This is an investment that’s paying as much as $8,000 per quarter.

If you’re unfamiliar, this income-generating strategy is based around government-funded real estate programs that allow you to wet your beak from leasing revenues all across the country.  

Now if you’re a regular reader of these pages, you know I’ve never been shy to criticize government stimulus programs.  But I’ve also never been shy to turn away a quick buck.  And if the government is willing to hand over $8,000 per quarter, of course I’m going to take it.  You should, too. 

So to help you get some of this action for yourself, I’m including a link to this report that shows you exactly how you can start claiming thousands of dollars in new government stimulus spending today.

To a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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