CrowdStrike Continues Its Good Results
Jun 6, 2024
CrowdStrike's Q1 results were excellent: revenues and annual recurring revenue up 33%, and strong cash flow trends. The Falcon platform continues to be one that large and small companies are standardizing on for security. Management is focusing on its path to $10 billion in ARR, from about $4 billion today. Still a lot of growth in this one! The stock price is a bit high though, even after a slight fair value bump to $251 (from a previous $249).
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Watch List
| S | 9.51% |
| CRWD | 69.85% |
| SEMR | -17.45% |
| SNOW | 10.17% |
| TSM | 0.31% |
vs. Fair Value Estimates
Buy List
| ZETA | -27.88% |
| GOOG | -33.32% |
| NYAX | -60.88% |
| ASR | -31.11% |
| PAYC | -28.72% |
| HRMY | -49.71% |
| YOU | -44.45% |
| MELI | -30.06% |
| ADBE | -31.10% |
vs. Fair Value Estimates
Hold List
| MSFT | -22.29% |
| ODD | -24.26% |
| FLYW | 5.19% |
| CELH | -17.31% |
| TOST | 31.58% |
| CPNG | -4.17% |
| HIMS | -5.14% |
| MNDY | 11.06% |
| GLBE | 17.04% |
| ZS | 16.81% |
| V | -11.73% |
| ADSK | 11.46% |
| NOW | 49.58% |
| ABNB | -20.13% |
| FTNT | 3.31% |
| TEAM | 11.66% |
vs. Fair Value Estimates