Why CrowdStrike Stock Will Remain Highly Volatile Despite Stellar Fourth Quarter
If you're looking for companies that are at reduced risk from the coronavirus, CrowdStrike (NASDAQ: CRWD) is probably one of them. Granted, the effects of a potential recession remain uncertain, but the cloud-based cybersecurity company is poised to profit as companies and governments around the world require employees to work from home.
Yet despite strong fiscal fourth-quarter results, CrowdStrike is still an unprofitable operation sporting a sky-high valuation, which means investors must brace themselves as the stock will be volatile for the foreseeable future.
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Source Fool.com
