Prediction: You'll Regret Not Buying the CrowdStrike Dip
I'll go ahead and say what everyone is thinking: Causing the largest global IT outage in history is bad. Unfortunately, that's what (NASDAQ: CRWD) did on July 19, and its stock has taken a huge hit because of it.
Since hitting a peak on July 8, CrowdStrike's stock is down close to 30% (as of Aug. 30). That's bad news for investors with shares before then, but it's an opportunity for people looking to begin or increase a stake in the cybersecurity company.
It's one thing for a stock to plunge because something fundamentally changed with its business; it's a different story when it happens because of a (very unfortunate) mishap. With CrowdStrike seemingly falling into the latter category, I think the market overreacted, and investors should consider buying the current dip.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 162 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 312 € there is a positive potential of 38.85% for CrowdStrike Holdings Inc compared to the current price of 224.7 €.
