3 Reasons CrowdStrike Is a Perfect Stock to Buy and Hold
Sophisticated criminals are extracting more tax-free payments from businesses that aren't always quick to admit their problems to authorities. If the amount being reported is any indication, though, the cybersecurity industry is a great place to find stocks that can outperform the rest of the market.
Shares of CrowdStrike (NASDAQ: CRWD) have been beaten down around 40% from their peak in 2021. If you missed out on this stock's previous gains or you're just noticing it for the first time, now is a good time to buy for at least three good reasons.
During the five-year period from 2017 through 2021, the number of complaints lodged with the FBI's Internet Crime Complaint Center soared 180% to 847,376. Reported losses over the same period exploded by 393% to reach $6.9 billion.
Source Fool.com
