Cybersecurity stocks surged hi

2022-04-15

Cybersecurity stocks surged higher as companies adjusted to the world of remote work. But many investors believed that demand had peaked. But theRussian invasion of Ukraineis changing the calculus. Cyberattacks will be aprimary weapon of warfarein the 21st century. This means that companies are going to need to invest even more to keep their operations secure. And more importantly, these dollars are going to be sticky.

That’s good news for companies like CrowdStrike. CrowdStrike has acloud-first businessthat helps enterprise customers move their existing security protocols into the cloud era. This straightforward model is definitely attractive to companies. CrowdStrike does business with 63 of the Fortune 100 companies. And 14 out of the top 20 banks use the company’s software.

$CrowdStrike Holdings, Inc.(CRWD)$

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