CrowdStrike Stock Is Getting Added to the S&P 500. But This Other New S&P 500 Addition Could Be a Better Bargain Buy.

Although CrowdStrike is a great business, this other company has less valuation risk right now. CrowdStrike went public in 2019. And during the company's fiscal 2019 (which ended in January of that year), it generated revenue of just $250 million. Fast forward to fiscal 2024 (which ended in January of this year), and it generated revenue of over $3 billion. In short, CrowdStrike has grown by an extraordinary amount in just five years as a public company. However, one could nitpick CrowdStrike as an investme ...