This Cybersecurity Stock Is a No-Brainer Buying Opportunity
The cybersecurity landscape is both crowded and fragmented. While big tech firms such as Microsoft and Alphabet offer comprehensive security services, the broader market seems to be dominated by small- and mid-cap players.
One such company is (NASDAQ: CRWD). While the company faces stiff competition, CrowdStrike's financial and operating results demonstrate how it's separating itself from the pack. The company recently reported earnings for its first quarter of fiscal year 2024, which ended April 30. Let's dig into the results and understand why CrowdStrike deserves a look for your portfolio.
IT research firm Gartner is well known for publishing a graphic it calls its "magic quadrant," in which companies of all sizes are benchmarked against one another in a specific industry. In December, Gartner released its results for endpoint protection platforms. CrowdStrike's primary focus is cybersecurity for endpoints such as work-issued laptops, phones, etc.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 105 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 342 € there is a slightly positive potential of 14.86% for CrowdStrike Holdings Inc compared to the current price of 297.75 €.
