CrowdStrike: Catching a Falling Knife or Buying Opportunity?
Ever since the IT outage that CrowdStrike (NASDAQ: CRWD) caused, its stock has been plummeting. Many investors may be wondering when the sell-off is over, as they'd like to use this weakness to buy more shares at cheaper prices.
However, this same cohort (I'm included) is also worried about catching a falling knife. Investors use this phrase to describe a situation when a stock is plummeting, as if you catch the knife on the wrong part on the way down, you'll get cut.
So is now the time to buy? Or is it still too early to tell?
Source Fool.com
CrowdStrike Holdings Inc Stock
€239.95
0.800%
With 152 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 323 € there is a positive potential of 34.61% for CrowdStrike Holdings Inc compared to the current price of 239.95 €.
