Here's My Top Cybersecurity Stock (and It's Not Even Close)
While artificial intelligence (AI) is attracting investors' attention, there's another massive trend they should be aware of: cybersecurity. Bad actors have never had more tools, and the amount of digital information that can be accessed is also growing. This isn't a trend that's going away, either; companies must ensure they have top-notch security or risk being the target of a cyberattack, which can cost millions and destroy confidence in a company.
As a result of this new reality, the cybersecurity industry is seeing a massive boom. But with so many cybersecurity companies available to choose from, it's easy to get lost. One company is my clear choice, and it has the potential to become a much larger force in this industry.
CrowdStrike (NASDAQ: CRWD) is my top pick in the cybersecurity space for many reasons. First, it's a lightweight cloud-native program. This means it can be easily deployed to all endpoints in a business network quickly and doesn't take much bandwidth. Additionally, CrowdStrike has integrated AI into its product lineup since its launch.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is one of the favorites of our community with 129 Buy predictions and 3 Sell predictions.
As a result the target price of 346 € shows a positive potential of 40.97% compared to the current price of 245.45 € for CrowdStrike Holdings Inc.
