glimmero
06-11

$CrowdStrike Holdings, Inc.(CRWD)$

CRWD is exploding on the news that it will be added to the S&P500 index on 24th June.

CRWD is among the highest-quality names, and I have owned it since 2020, but I have decided to trim the position.

The reasons are:

+ It was by far my largest position.

+ I am uncomfortable adding to the stock at the current valuation of less than 1.5% FCF yield

+ I see better risk-reward stocks in my investable universe.

One of which is SE $Sea Ltd(SE)$ . A deep dive into the business is coming this week.

šŸ’° Stocks to watch today?(18 Oct)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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