Watchlist: Cybersecurity – CrowdStrike Holdings Inc (CRWD)

August 31, 2023, 3:33 pm EDT

Cybersecurity – CrowdStrike Holdings Inc (CRWD)

Cybersecurity has a high potential to grow in the future when enterprise, government, and individuals depend on the internet and network for numerous activities. Hackers are everywhere to break into the network to steal important data. Therefore, it is important to guard the door for any potential risks. 

CrowdStrike Holdings Inc (CRWD) is among one of the major players in this field. The company started in 2011 in Austin, Texas. Currently, its market cap reaches 38 billion. 

Its earnings report is impressive that boosted its stock price with +9% gains

  • EPS Growth (MRQ): 106%
  • EPS Growth (3 years): 164%
  • Sales Growth (MRQ): 37%

Technically, its flat base with a gap-up today initiates its upside breakout. Of course, the uptrend potential is easily visible. 

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