CrowdStrike Holdings (CRWD) Is Up 1.76% in One Week: What You Should Know

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenges of defining momentum [2] Company Overview: CrowdStrike Holdings (CRWD) - CrowdStrike Holdings currently has a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [3] - The company holds a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - Over the past week, CRWD shares increased by 1.76%, slightly outperforming the Zacks Security industry, which rose by 1.75% [6] - In a longer timeframe, CRWD's monthly price change is 17.48%, significantly higher than the industry's 7.19% [6] - Over the past quarter, CRWD shares have risen by 8.36%, and over the last year, they have gained 61.67%, compared to the S&P 500's increases of 7.89% and 17.66%, respectively [7] Trading Volume - CRWD's average 20-day trading volume is 3,286,991 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 16 earnings estimates for CRWD have been revised upwards, with no downward revisions, raising the consensus estimate from $3.50 to $3.67 [10] - For the next fiscal year, there have been 8 upward revisions and 6 downward revisions in earnings estimates [10] Conclusion - Given the strong performance metrics and positive earnings outlook, CRWD is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling option for investors seeking momentum picks [12]