Posted 1/13/2024, 12:20:00 PM
CrowdStrike Soars on AI-Powered Cybersecurity Growth
- CrowdStrike (CRWD) is an AI-powered cybersecurity company with huge growth potential as threats increase.
- Its Falcon platform uses AI to adaptively detect and prevent cyberattacks.
- Demand is surging - more customers are using more Falcon modules over time.
- Revenue and earnings are growing rapidly thanks to customer additions and retention.
- Despite high valuation, CRWD looks like an attractive long-term investment given massive market opportunity, strong competitive advantages, and robust cash generation.