CrowdStrike: Buy The Outage (Rating Upgrade)

mesh cube/iStock via Getty Images Data by YCharts Shares of CrowdStrike have soared in the last year on generally improving sentiment towards cybersecurity/software/Cloud businesses and strong growth at the cybersecurity firm. In my last work on CrowdStrike, I argued that the cybersecurity was trading at a rich valuation multiplier -- Priced For Perfection -- which resulted in a hold rating. However, shares continued to surge, and are currently up 64% since my hold recommendation. I believe the most recent ...