The uncertainty around the economy and the likelihood of additional interest rate hikes continue to spook the stock market. While many are fearful and staying away from stocks, savvy long-term investors are getting cheerful looking at some of the once-in-a-lifetime discounts the market has on offer. Two high-quality businesses that are at the top of their holiday shopping lists are CrowdStrike (NASDAQ: CRWD) and Snowflake (NYSE: SNOW). 

Growing digitization is creating all sorts of conveniences in life, but it is also leading to a larger surface area for hackers to attack, steal, and bring business operations to their knees. Needless to say, cybersecurity is a top priority for modern enterprises. According to an Accenture study, IT security budgets jumped to 15% of total IT budgets in 2021 -- representing a growth of 5 percentage points over 2020.

CrowdStrike's cloud-based Falcon platform helps identify cyber attacks and develops strategies to defend against them. Its industry-leading end-point protection service secures a company's mobile devices, laptops, cloud environments, and servers worldwide, and its expanding portfolio of products has made it a go-to choice over the past few years.

Continue reading

Source Fool.com