CrowdStrike Stock Is Now Worth Over $100 Billion, Joining Elite Company. What Could This Mean for Investors Today?
In late January, cloud-based cybersecurity company CrowdStrike (CRWD 2.38%) surpassed a $100 billion market cap valuation for the very first time in its history. That valuation places CrowdStrike in rarified company -- few businesses are worth this much, regardless of the industry. But among pure-play cybersecurity companies, it's in even more elite company.Palo Alto Networks (PANW 1.88%) is the only other pure-play cybersecurity stock that's achieved a $100 billion market cap. But there is a distinction be ...