Did Investors Wait Too Long to Buy CrowdStrike Stock?
CrowdStrike (NASDAQ: CRWD) surged 12% higher following its earnings release for the first quarter of fiscal 2025 (ended April 30, 2024) and has held steady in subsequent trading sessions. The company continues to grow at a rapid clip, and it is now within 10% of its all-time intraday high of $365 per share.
Unfortunately, this situation strongly indicates that new investors might have bought into the stock too late. Hence, prospective buyers will have to ponder whether they can still profit from CrowdStrike or whether they should look elsewhere for opportunities.
CrowdStrike has become one of the leading cybersecurity stocks. This is crucial since the IT industry's migration to the cloud is not possible without cybersecurity products designed specifically for devices that could be anywhere at any time.
Source Fool.com