There's been a lot of great news for this cybersecurity leader lately, but is it already priced into the stock? There's a ton to like about CrowdStrike The Falcon platform is modular, so customers can add features as needed. This gives CrowdStrike the ability to "land and expand" -- in other words, sign new customers to more basic contracts and then sell them additional modules later. Currently, 65% of its customers use at least five modules, and the number of eight-module deals rose by 95% year over year i ...

Additionally, management raised full-year guidance from $3.96 billion to $3.99 billion. Investors love a classic beat and raise quarter, and CrowdStrike is delivering those quarter after quarter, while its competition (and partners) are not. To evaluate CrowdStrike's stock, I'll consider the price-to-sales (P/S) and price-to-free-cash-flow ratios. The price-to-earnings (P/E) ratio isn't applicable here because CrowdStrike isn't close to being optimized for profits. But make no mistake, 26 times sales is an ...

McKinsey believes companies should be collectively spending $2 trillion each year instead, which leaves a gap of $1.8 trillion. That spells opportunity for cybersecurity vendors, because the sheer cost of cyberattacks will push an increasing number of businesses to invest more heavily in protection. 2. Tenable: A leader in vulnerability management According to research firm McKinsey, the corporate sector is poised to spend $213 billion on cybersecurity software in 2024. However, that isn't nearly enough to ...

Tech Industry Overview - Tech giants are driving major indexes to new highs, with technology remaining a key growth engine for the economy [1] - The invention and proliferation of new technologies improve living standards and unlock profits for companies providing these solutions [1] - The dominance of tech in nearly every facet of life supports top names in the space, with smaller companies also contributing to market gains [16] Nvidia (NVDA) - Nvidia has tripled its stock price since 2023 and achieved a $3 trillion market cap due to its dominant position in the AI chip market [5] - The company recently launched its next-generation AI chips, codenamed Blackwell, which are expected to be more advanced than the H100 and cement Nvidia's position as an AI leader [15] - Nvidia's AI chips have broad utility, adding merit to its valuation despite high share prices [12] Hewlett Packard Enterprise (HPE) - HPE reported revenue of $7.2 billion, up 3% YoY, with its GreenLake tech-as-a-service platform seeing a 39% revenue increase to $15 billion [7] - The company benefits from strong demand for AI servers, with processing Nvidia's new AI-powered chips taking six to twelve weeks, enabling HPE to ship out its backlog in the coming months [19] - Analysts predict that revenue from the sale of these chips will increase the company's net worth by $2 billion [19] CrowdStrike (CRWD) - CrowdStrike posted strong Q1 revenue of $921 million, up from $693 million a year ago, with subscription revenue increasing by 34% YoY to $872 million [9] - The company's Unified Falcon Platform, designed to power next-gen cybersecurity solutions with AI-generative tools, has been successful in solving industry cybersecurity, IT, and data problems [20] - CrowdStrike's revenue outlook for the next quarter ranges from $958.3 million to $961.2 million, beating analysts' forecasts of $954.4 million, attributed to its differentiated cybersecurity platform [10]

The S&P 500 has delivered solid long-term returns. The index periodically adds and removes stocks based on their overall performance to generate higher returns for long-term investors. However, the S&P 500 tends to add stocks to its index after they have enjoyed incredible rallies. You don't have to wait for stocks to join the S&P 500 before investing in them. These are some of the top growth stocks that can 10x by 2030. The cybersecurity industry is projected to maintain a 13.8% compounded annual growth ra ...

Group 1: Tech Sector Overview - Tech stocks have been leading the stock market higher, with many top holdings in the S&P 500 and Nasdaq Composite being tech corporations [1] - Non-tech companies and consumers also utilize technology, contributing to exceptional returns for many tech stocks [9] Group 2: Synopsys (SNPS) - Synopsys is a semiconductor firm generating over $5 billion in annual revenue, producing silicon chips essential for self-driving cars and machine learning [5] - The company reported a net income of $42.8 million in Q1 2024, a significant increase from $0.5 million in the previous year, making it eligible for S&P 500 inclusion [3] - Analysts rate Synopsys as a "strong buy" with a projected 14% upside, and shares have gained 15% year-to-date and 358% over the past five years [6] Group 3: CrowdStrike (CRWD) - CrowdStrike is recognized as a leading cybersecurity stock, with a 33% year-over-year revenue increase in Q1 FY25, reaching $921 million [11] - The company has $3.65 billion in annual recurring revenue, positioning it for continued growth, with expectations of over 30% revenue growth in Q2 FY25 [11] - CrowdStrike shares have increased by more than 40% year-to-date and have quintupled over the past five years [12] Group 4: ServiceNow (NOW) - ServiceNow has experienced a 2% year-to-date gain, with a recent earnings miss impacting its stock price, but it has gained 157% over the past five years [16] - The company reported a 24% year-over-year revenue growth, with net income more than doubling to $347 million [17] - ServiceNow's cloud platform boasts a 98% renewal rate and serves over 8,100 customers, including 85% of the Fortune 500 [7]

CrowdStrike shares jumped as much as 10% on Monday after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing financial firm Comerica. Security ETFs gained on Monday, with the First Trust Nasdaq Cybersecurity ETF climbing 1.3%, and Amplify Cybersecurity ETF — ticker symbol "HACK" — rising 1.2%. CrowdStrike's surge on Monday pushed the stock to a record, and brought its gains for the year to 49% after a 143% jump in 2023. S&P Dow Jones Indices said in a statement late Fri ...

Some investors get really worked up about S&P 500 inclusion and exclusion. And often, there are big moves in stock price right after an announcement -- just see CrowdStrike and Illumina today. However, not all stocks move equally as evidenced by GoDaddy and Comerica today. To me, this shows that some stocks are simply more popular with stock traders. For this crowd, headlines impact how they're trading shares. But less popular names with more muted trading see little impact. Traders tend to have short time ...

Technology stocks continue to test record highs, growth stocks are outpacing value stocks and investors continue to favor large cap securities over small caps. How the second half of the year plays out is anyone's guess. But right now, the three best stocks to buy in June can help lift a portfolio. Nvidia (NASDAQ:NVDA) shares became much more affordable after a 10-for-1 stock split. Sure, the fundamentals of the company haven't changed. But the cost to buy one share of the microchip and semiconductor compan ...

Did you analyze how CrowdStrike Holdings (CRWD) fared in its international operations for the quarter ending April 2024? Given the widespread global presence of this cloud-based security company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. While analyzing CRWD's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor. ...