2 Software Companies Using Generative AI to Turbocharge Results
While darlings of the pandemic-era boom, software stocks have come under fire in recent years. That's been due to two main reasons -- the rapid rise in interest rates following the pandemic, and the potential disruption from generative AI.
GenAI has as much potential to disrupt certain software companies as it does to enhance their businesses, so it's important to choose wisely in this field. Scanning commentary across the recent second quarter earnings season, the following software leaders appear to be gaining the upper hand over competitors in the age of GenAI. Therefore, they should be stocks of focus for software investors everywhere in the years ahead.
(NASDAQ: CRWD) had a rough month of July, when a buggy software update didn't mix well with the Windows operating system, causing worldwide outages and severe business disruption.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is one of the favorites of our community with 161 Buy predictions and 1 Sell predictions.
As a result the target price of 312 € shows a positive potential of 40.38% compared to the current price of 222.25 € for CrowdStrike Holdings Inc.
