2 Supercharged Tech Stocks to Buy Without Any Hesitation
With the Nasdaq Composite index soaring about 60% from its bear market lows, it has become increasingly difficult to find reasonably priced tech stocks. However, by focusing on fast-growing businesses operating in markets with decades-long tailwinds, investors can locate a handful of top-tier stocks with reasonable valuations.
(NASDAQ: CRWD) and Clear Secure (NYSE: YOU) are two companies that fit this bill, growing sales by 36% and 40%, respectively, in 2023. Both are in cybersecurity: CrowdStrike's platform reduces the number of vendors a company needs to protect itself from threats, and Clear Secure's biometric identity solutions make security checkpoints easier to manage.
Here's the case for buying these two supercharged tech stocks today.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is an absolute favorite of our community with 106 Buy predictions and no Sell predictions.
As a result the target price of 341 € shows a slightly positive potential of 19.96% compared to the current price of 284.25 € for CrowdStrike Holdings Inc.