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 ...

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 ...

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 ...

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 ...

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 ...

Cybersecurity is more critical than ever as the economy goes digital. Cybersecurity will be a vital part of the digital economy moving forward. Companies are financially incentivized to use the best security tools to protect their data and systems. Did you know the average breach can cost a company nearly $4.5 million? That's according to an annual study by IBM. However, legacy products like antivirus software often don't do the job anymore. That's where next-generation solutions come into the picture. Inve ...

Buying tech stocks on the dip can generate meaningful long-term returns, especially as investors abandon previous favorites. Some tech stocks that grew out of favor in 2022 logged impressive gains the following year. It doesn't seem like Nvidia (NASDAQ:NVDA) will dip anytime soon, but it can become attractive when the dip finally takes shape. Nvidia's latest earnings report demonstrated why it's at the top of the AI race. Nvidia can amass the largest market cap among publicly traded corporations. Revenue in ...

The cybersecurity investment theme still stands out now that many potential attackers are harnessing the power of artificial intelligence (AI) to compromise systems. Undoubtedly, the leading cybersecurity companies are also making good use of AI. With such a powerful technology that can be used to beef up offense or defense, investors should continue to stick with the market's top defenders as they look to protect and defend with the full power of AI on their side. I like to check in with the iShares Cybers ...

U.S. technology equities continue to be on a tear in the second quarter. The tech-heavy Nasdaq Composite has risen by roughly 13% year-to-date. If macroeconomic indicators exhibit signs of recovery from persistent inflation, U.S. equities could extend their rally. In this situation, software stocks are even better poised for significant gains. The artificial intelligence craze has influenced tech stocks since early last year and will probably do so for the time being. Software firms have scrambled to employ ...

Machine learning stocks are gaining traction as the interest in artificial intelligence (AI) and machine learning soars, especially after the launch of ChatGPT by OpenAI. This technology has given us a glimpse of its potential, sparking curiosity about its future applications, and has led to my list of machine learning stocks to buy. Machine learning stocks present a promising opportunity for growth, with the potential to create significant wealth. As per analyst forecasts, I think around a decade from now ...