Outperforming the Market by 140% in the Past Year: Is CRWD the Top Cybersecurity Stocks?
How do you determine high-quality stocks? If outperforming the market is a criterion for identifying quality stocks, then this particular stock has exceeded expectations by surpassing the $NASDAQ(.IXIC)$ by 140%.
Moreover, it is anticipated that this stock will continue to outperform the market throughout the first half of 2024.
Curious about which stock this is? Let's find out!
Congratulations to @Arshadrzk for achieving a profit of over $1,000+ through the purchase of $CrowdStrike Holdings, Inc.(CRWD)$ common stocks, with an outstanding return rate of 261.63%!👏👏👏 The cost price is only $67.61!!!
My highest gain in my portfolio. Cybersecurity is essential in this digital age, and with the help of AI, the company will benefit enormously.
CrowdStrike is a global cybersecurity leader renowned for its advanced cloud-native platform that safeguards endpoints, cloud workloads, identities, and data. The company's mission is to prevent network breaches, allowing customers to concentrate on their core business.
The cybersecurity industry is expected to experience substantial growth, reaching a market value of $300 billion by the end of 2023 and potentially expanding to $1.5 trillion to $2 trillion in the years to come.
CrowdStrike has exhibited robust financial performance, marked by impressive revenue growth and enhancements in gross margin and SG&A margin.
The Annual Recurring Revenue (ARR) will achieve higher double-digit growth as cybersecurity spending rebounds in 2024.
However, Tigers hold diverse opinions about $CrowdStrike Holdings, Inc.(CRWD)$:
@SirBahamut: CrowdStrike: Striking back at other cyber security stocks?
@KYHBKO: Quick Analysis of Crowdstrike - should we take profits?
Do you agree with the current view that the valuation of CRWD is too high?
Do you believe CRWD will outperform the market in 2024?
🎁Rewards：
Feel free to share your $CrowdStrike Holdings, Inc.(CRWD)$ positions in the comment section for a chance to win Tiger Coins!
If you've achieved profits from other potential stocks we don’t know, kindly share your trading strategies in your post, and remember to include the topic "Winning Trades". Hope you'll be the next one to make it onto the leaderboard~
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with scams on the rise and becoming more sophisticated, steps have to be taken to ensure integrity of system. therefore, it's a stock you may want to add to watchlist.
meanwhile, share winning trade... if only this is in my prime account 🤦
Great ariticle, would you like to share it?
Great ariticle, would you like to share it?
Woww
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