The U.S. equity markets are trading generally higher on Wednesday with gains in energy, healthcare, and technology more than offsetting weakness in utilities, materials, and industrials.

In news, the chief executives of seven of the country's largest banks are in Washington to testify in front of the House Financial Services Committee. While we are more interested in hearing what these executives say when they report their quarterly earnings in the coming days, we closely listened to how they responded to the question on what they believed was the greatest risk to the United States financial system. We heard the usual suspects of slowing economic growth and the need for additional monitoring in the non-banking financial system, but what was the main risk voiced by almost every executive? Cybersecurity.

This concern is little surprise to us because we have highlighted the importance of cybersecurity before. The secular need for greater cybersecurity solutions is why we continue to own a leading player in Palo Alto Networks (PANW) as well as Cisco Systems (CSCO) , which has a growing cybersecurity business of its own. Both stocks are outperforming in today's session, and we can't help but attribute some of this strength to the heightened awareness of the field.

In the energy markets, WTI crude is pushing higher and is breaking through the $64 level. Boosting prices today are the continuing supply cuts from OPEC and the organization's allies. According to this CNBC article which referenced independent sources cited by the group in its monthly report, OPEC's output dropped 534,000 barrels per day in March to 30.02 million. This monthly output figure from OPEC represents the lowest amount since February 2015 and is a key reason behind the commodity's year to date gains. There was a slight offset to the gains, however, as the supply cuts were partially offset by today's greater than expected crude inventory build report from the U.S. Energy Information Administration.

All three of our energy stocks (Anadarko Petroleum Corp (APC) , BP Plc (BP) , Schlumberger (SLB) ) are trading higher in reaction to the commodity's climb higher today. We hold on to our positions because the rise in prices should mean healthier activity and greater cash flows, however we must acknowledge how the rally in the commodity has not been met with equal interest in the energy group. Still, there will be a price where interest begins to pick up if oil can continue its gains.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long PANW, CSCO, APC, BP, SLB.