Why I'm Still Not Buying CrowdStrike Stock
Cybersecurity specialist (NASDAQ: CRWD) has had a very strong week, with shares rising about 12% since late February. The gain has been, in part, fueled by a strong fiscal fourth-quarter earnings report. The company, which operates a massive cybersecurity platform that protects endpoints, cloud workloads, and identity, posted revenue and adjusted earnings per share that both exceeded consensus analyst estimates. In addition, the company provided an upbeat outlook.
But investors should think twice before they race to buy shares of the cybersecurity stock. It's still risky -- maybe too risky.
Image source: Getty Images.
Source Fool.com
CrowdStrike Holdings Inc Aktie
354,35 €
-3,88 %
Klare Kaufstimmung für CrowdStrike Holdings Inc: Viel mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 446 € für CrowdStrike Holdings Inc signalisiert eine mögliche Steigerung von über 20% gegenüber 354.35 €.
