Nvidia and CrowdStrike Soar Over 1000% and 400% Respectively - Leaders in AI and Cybersecurity Positioned for Future Growth
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Nvidia and CrowdStrike stock prices have soared over 1000% and 400% respectively in the last 4 years, making them candidates for stock splits in 2024.
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Nvidia dominates GPUs for gaming, data centers, and AI with over 80-95% market share, tapping into a massive $1 trillion addressable market.
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CrowdStrike is a leader in endpoint security, cloud security, and managed detection/response, with its platform having superior AI and threat protection.
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Both companies reported strong Q3 results recently but still have substantial room for long-term growth from trends like AI, automation, and cybersecurity.
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The article recommends starting small positions in both stocks as long-term investments based on their leadership, growth potential and reasonable valuations despite high past returns.