After the mass IT outage caused by a CrowdStrike (NASDAQ:CRWD) update earlier this month, the cybersecurity company is facing major risks on multiple fronts. Moreover, the valuation of CrowdStrike stock remains very high. Also importantly, the firm does have multiple, strong competitors. Speaking on CNBC yesterday, Stephanie Link, chief investment strategist and portfolio manager at Hightower, noted that CrowdStrike faces risks when it comes to the prices that it can charge its customers when they renew the ...

These three stocks below show great promise. Investors could pick these stocks up amid the CrowdStrike outage. They offer similar solutions to CrowdStrike, and anyone dissatisfied after the global outage could opt to use their services. As their financial results improve following the outage, investors could see the value of their holdings rise drastically. Fortinet solutions may have been less popular because they are more complex and require more user engagement. However, following the CrowdStrike outage, ...

As such, here are three airline stocks that were unaffected by the CrowdStrike outage and managed to continue their operations with little delay. These are not necessarily buy ratings at this time, but rather examples of more resilient systems. While no stranger to IT outages, Southwest Airlines (NYSE:LUV) managed to escape the chaos of July 19 for one simple reason – it hasn't updated its computer operating systems in decades. That's right, the largest airline in the U.S. by number of passengers carried, a ...

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on cases alleging violations of the federal antitrust laws, breaches of ERISA fiduciary duties, wage theft, consumer fraud, and data breaches. Contact information: Marc H. Edelson, Esq. Eric Lechtzin, Esq. EDELSON LECHTZIN LLP 411 S. State Street, Suite N-300 Newtown, PA 18940 Phone: 844-696-7492 Email: medelson@edelson-law.co ...

Understanding the fundamentals of companies is crucial when evaluating stocks to buy. These stocks remain undervalued and are industry leaders with strong growth potential, positioning them to significantly drive the market higher post-earnings season. To begin with, the first company excels in cybersecurity with an AI-driven, modular platform that offers significant cost savings and rapid threat detection. This solid technological differentiation ensures its market leadership and makes it a sharp investmen ...

How much is its mistake going to cost before all is said and done? Who is going to pay Delta's bill? According to CNBC, Delta just hired prominent attorney David Boies, which suggests that it may be considering a lawsuit against CrowdStrike. The cost of the outage for Delta alone is estimated to be up to $500 million. There are legitimate reasons for investors to be concerned about future growth for CrowdStrike. While business has been booming, the company may have suffered some reputational damage because ...

CrowdStrike is a Texas-based cybersecurity company that develops software to help other companies recognize and block hacks. CrowdStrike's Falcon software is widely used by Fortune 500 companies in industries ranging from banking to the airline industry. Many of these companies have CrowdStrike software installed on their Windows machines to protect the organization from malware and cybersecurity threats. Delta (DAL) Delta took a huge hit by the outage because nearly half of its IT systems are Windows-based ...

KEY TAKEAWAYS CrowdStrike shares are falling following a CNBC report that Delta Air Lines has hired top attorney David Boies to pursue potential damages from the cybersecurity firm as well as Microsoft following the global IT outage on July 19. Boies, chairman of Boies Schiller Flexner, represented the U.S. government in its antitrust case against Microsoft and helped secure same-sex marriage rights in California. Delta was the most heavily impacted of the major airlines from the outage that led to thousand ...

Until we have that information, everyone is just guessing about CrowdStrike's stock. However, I'm fairly confident CrowdStrike will stay strong throughout this adversity and remain one of the best cybersecurity investments on the market. CrowdStrike already released its indictment review report and has vowed to make changes, so this does not happen again. Whether the market regains confidence in the company or not remains to be seen, but CrowdStrike cannot afford another outage like this. CrowdStrike's stoc ...

Pretty soon, investors may cease to give Zoom the benefit of the doubt when it comes to a potential growth resurgence. If the market ends up convinced that Zoom is a "tech dinosaur," ZM could sink to a valuation on par with other low-growth "dinosaurs" like Xerox Holdings (NASDAQ:XRX). XRX trades at a valuation nearly half that of Zoom's current forward multiple. Following a recent, widely-reported cloud computing outage incident, you may be wondering what cloud stocks to sell. Besides the company in questi ...