CrowdStrike(CRWD)
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Beyond Nvidia: 3 Rising Stocks to Watch Like a Hawk
Investor Place· 2024-06-04 18:44
Nvidia (NASDAQ:NVDA) has produced generational returns in a short amount of time. The stock has soared by more than 3,000% over the past five years and continues to be a winner on Wall Street. Analysts continue to raise their price targets for the AI leader. It's rated as a strong buy with a projected 10% upside from current levels. A stock split has renewed excitement for the stock, but it's not the only leader available. Some investors want to emulate Nvidia's gains and load up on companies with promising ...
AI Alchemists: 3 Stocks Transforming Data into Gold
Investor Place· 2024-06-04 02:46
Data is big business. Consumers can look at data to make decisions about their finances, fitness routines, and any other part of their lives. Corporations also assess data to determine which actions to take and the best opportunities to pursue. While data can lead to new business discoveries and personal breakthroughs, there's also a lot of money to be made in creating, storing, and protecting data. One of the tools that has been making waves in data protection is artificial intelligence. As such, AI stocks ...
May Jobs Data to Influence Rate Cut Expectations
ZACKS· 2024-06-03 15:51
We enter a new Jobs Week rather quietly. By the end of Friday, we'll have seen new JOLTS numbers, the ADP private-sector jobs report, Weekly Jobless Claims and the full Employment Situation report for the month of May. You'll recall that April posted the second-fewest job gains of the past year, at 175K, which followed the single-highest month for the domestic labor force, at 315K. Friday's tally might give us a better idea of which way jobs are really headed. Many analysts see downside risk here. As we con ...
A Quiet Start to a New Jobs Week
ZACKS· 2024-06-03 15:31
Monday, June 3rd, 2024 We enter a new Jobs Week rather quietly. By the end of Friday, we'll have seen new JOLTS numbers, the ADP private-sector jobs report, Weekly Jobless Claims and the full Employment Situation report for the month of May. You'll recall that April posted the second-fewest job gains of the past year, at 175K, which followed the single-highest month for the domestic labor force, at 315K. Friday's tally might give us a better idea of which way jobs are really headed. Many analysts see downsi ...
Subscription Growth to Boost CrowdStrike's (CRWD) Q1 Earnings
ZACKS· 2024-06-03 14:15
CrowdStrike Holdings, Inc. (CRWD) is set to announce its first-quarter fiscal 2025 earnings on Jun 4. The cybersecurity company is expected to show strong performance, driven by the high demand for its cloud-based security solutions, which is likely to boost its subscription revenues. Subscription Growth to Aid Q1 Revenues Our first-quarter fiscal 2025 estimate for Subscription revenues is pegged at $844.8 million, which indicates a year-over-year improvement of 29.7%. The company's first-quarter non-GAAP g ...
1 Supercharged Artificial Intelligence (AI) Stock Up 500% in 5 Years to Buy Now, According to Wall Street (Hint: Not Nvidia)
The Motley Fool· 2024-05-31 09:12
CrowdStrike (CRWD -9.61%) lacks the hype surrounding Nvidia, but the company is set to benefit from AI and has already demonstrated its ability to create value for investors. The stock has surged 503% since its public debut in June 2019, and shares more than doubled in the past year alone. Artificial intelligence is a tremendous moneymaking opportunity for investors. Artificial intelligence (AI) sales across hardware, software, and services are forecast to reach $1.8 trillion by 2030, up from $279 billion i ...
Seeking Clues to CrowdStrike (CRWD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2024-05-30 14:15
The upcoming report from CrowdStrike Holdings (CRWD) is expected to reveal quarterly earnings of $0.89 per share, indicating an increase of 56.1% compared to the year-ago period. Analysts forecast revenues of $904.82 million, representing an increase of 30.7% year over year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Based on the ...
Wall Street Bulls Look Optimistic About CrowdStrike (CRWD): Should You Buy?
zacks.com· 2024-05-29 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about CrowdStrike Holdings (CRWD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. CrowdStrike currently has a ...
If You Can Only Buy One Cybersecurity Stock in May, It Better Be One of These 3 Names
investorplace.com· 2024-05-28 18:47
The cybersecurity industry has a vast growth rate. Fortune Business Insights projects the industry will maintain a 13.8% compounded annual growth rate from now until 2030. Businesses need cybersecurity solutions to keep their digital assets and sensitive data safe from hackers. Cybercriminals find themselves in a lucrative industry, and their presence has created the need for cybersecurity firms. While the industry is projected to maintain double-digit growth rates for several years, some companies are more ...
Here's My Top Cybersecurity Stock (and It's Not Even Close)
fool.com· 2024-05-27 22:15
CrowdStrike is dominating the cybersecurity market, but the stock has one drawback. It also has its Charlotte AI, a generative AI product. This allows users to automate workflows, accelerate investigation time, and reduce the amount of skill required to become a cybersecurity expert. Based on a customer survey, Charlotte helps save around two hours per day through increased efficiency. CrowdStrike has a massive product line that has slowly grown over the past few years. Instead of having to piece together c ...