2 Supercharged Tech Stocks to Buy Without Any Hesitation
Trading with price-to-sales (P/S) ratios of 18, CrowdStrike (NASDAQ: CRWD) and The Trade Desk (NASDAQ: TTD) are home to valuations that don't necessarily scream "buy without any hesitation." Quite frankly, a lot has to go right for these companies to live up to their premium valuations.
However, thanks to their supercharged growth rates and the undeniable megatrends working in their favor, I can't help but keep adding new dollar-cost averaging (DCA) money to these businesses each month.
These supercharged tech stocks are expected to grow revenue by 39% and 25%, respectively, in the upcoming year, and they might be two of the select few deserving of a towering valuation. Here's what makes them so compelling.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 144 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 371 € there is a slightly positive potential of 9.57% for CrowdStrike Holdings Inc compared to the current price of 338.6 €.