CrowdStrike Stock: Headed to $200?

As investors pile into tech, (NASDAQ: CRWD) has been a major beneficiary this year. The stock is up a whopping 52% year to date.

Though the Nasdaq Composite's 32% gain during this period has certainly helped, the company has also likely stood out more than some other tech companies due to growing interest in artificial intelligence (AI) and cybersecurity -- both of which are key to CrowdStrike's business model.

CEO George Kurtz noted in the company's first-quarter earnings report last month that its ability to leverage AI "to drive better security outcomes" is one of the key factors in the company's growth. 

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Source Fool.com