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CrowdStrike's Stock Price Just Exploded. Time to Buy?


Cybersecurity has become a high priority for many companies. Breaches, ransomware attacks, and other digital incidents are costing businesses billions of dollars in remediation, downtime, legal fees, and other expenses. Endpoints (any devices like laptops, desktops, and servers that are connected to networks) are particularly vulnerable. IBM reports that 90% of attacks utilize endpoint vulnerabilities. In response, organizations are turning to cloud-based cybersecurity platforms like CrowdStrike's (NASDAQ: CRWD) Falcon for comprehensive protection. CrowdStrike's stock has surged as a result.

CRWD Chart

CRWD data by YCharts

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Source Fool.com

CrowdStrike Holdings Inc Stock

€266.30
3.420%
A very strong showing by CrowdStrike Holdings Inc today, with an increase of €8.80 (3.420%) compared to yesterday's price.
The stock is an absolute favorite of our community with 153 Buy predictions and no Sell predictions.
As a result the target price of 321 € shows a positive potential of 20.54% compared to the current price of 266.3 € for CrowdStrike Holdings Inc.
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