Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. It Ranks Among the Fastest-Growing Enterprise Software Companies.
The S 500 (SNPINDEX: ^GSPC) is commonly regarded as the best benchmark for the overall U.S. stock market. The index tracks 500 large American companies that cover 80% of domestic equities by market capitalization. To be considered for inclusion, a company must be worth at least $18 billion, it must be profitable, and the stock must be sufficiently liquid.
On Monday, June 24, the S 500 will undergo its quarterly rebalancing. Before the market opens, (NASDAQ: CRWD), GoDaddy, and KKR will be added to the index, while Robert Half, Comerica, and Illumina will be removed. Of the new additions, CrowdStrike stands out for several reasons.
It is the company best positioned to monetize generative artificial intelligence software, a market forecasted to grow at 58% annually through 2028. It is also one of only three enterprise software companies guiding for 30%-plus revenue growth this year, according to Morgan Stanley. Finally, CrowdStrike ranked third on the 2023 Fortune Future 50 List, an annual assessment of the world's largest companies based on long-term growth prospects.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 157 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 323 € there is a positive potential of 28.71% for CrowdStrike Holdings Inc compared to the current price of 250.95 €.
