Investing

Corporate spending on cyber security is expected to grow by 14% in 2024 according to research firm, Gartner, and that's better than most information-technology spending categories suggesting that many cybersecurity software and hardware companies should be excellent long-term buys.

The word "meme" comes from the ancient Greek word "mimema" - meaning imitation - and is used to describe information that is imitated and often spread via pop culture references on social media. Simply put, a meme stock is a shared investing idea imitated by other investors.

Despite 5 of the 7 constituents in the American Cannabis MSOs Portfolio releasing their Q1 financial report earlier this week the portfolio went DOWN 5.0% and is now DOWN 18.9% from its high reached on April 30th

The 7 AI categories tracked by munKNEE.com went up marginally (1.0%, on average) the second week of May after having gone down 0.4% the previous week. This article identifies how each category performed.

it appears to be déjà vu all over again! The Portfolio has already dropped by 30.5% since April 30th as a result of the 6.9% decline in the Portfolio last week.

The 57 constituents (54 when the 3 duplicates are removed) in the 7 categories above went DOWN 0.4%, on average, last week.

On average, the above 10 stocks were UP 7.4% during the first week of May but are now DOWN 7.6% YTD.

The munKNEE Small Cap AI Stocks Portfolio went UP 2.5% last week which outperformed the Global X Artificial Intelligence & Technology ETF (AIQ) of 91 constituents (which only went UP 1.5%) but is still DOWN 28.5% YTD,

On average, the Portfolio went UP 7.2% last week and is now UP 7.8% MTD.

  An original article by Lorimer Wilson, Founder and Managing Editor of munKNEE.com – a site for sore eyes and inquisitive minds and your KEY to making money . Introduction Below is how each of the 7 constituents in the munKNEE American Cannabis MSO Stocks Portfolio performed last week, in descending order, how well they performed as of last Friday, …