Should You Ignore CrowdStrike's High Valuation?
Many high-growth tech stocks that generated massive gains in 2020 fizzled out this year as the market rotated toward value stocks. That sell-off burned many investors, but also created buying opportunities in promising stocks that overheated during the pandemic.
Yet other pricey stocks that seemed ripe for pullbacks remained resilient. One such stock was CrowdStrike (NASDAQ: CRWD), the cybersecurity company that more than quadrupled in value last year.
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Source Fool.com