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Is CrowdStrike Stock a Buy?


CrowdStrike (NASDAQ: CRWD), a cloud-based cybersecurity company that serves nearly half of the companies in the Fortune 100, went public at $34 per share last June. Its stock has since surged to more than $150 as of this writing. Let's see why investors fell in love with CrowdStrike, and whether or not it still has room to run.

CrowdStrike's main cloud-based platform, Falcon, bundles together various endpoint security, threat detection, and cyber-attack response services for large organizations. It serves many of the world's largest banks, healthcare providers, and energy companies.

Image source: Getty Images.

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Source Fool.com

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