Buy alert: 2 cybersecurity stocks with ‘strong buy' ratings for July 2024

On July 19, a global technology outage caused by an update from cybersecurity firm CrowdStrike (NASDAQ: CRWD) resulted in significant disruptions worldwide. The malfunction in CrowdStrike's Falcon Sensor software led to grounded flights, disrupted health services, crashed payment systems, and blocked access to Microsoft (NASDAQ: MSFT) services, marking one of the largest IT failures in history. As a result, CrowdStrike's shares plummeted 12% in afternoon trading, while those of its competitors saw gains. Th ...