Should You Invest in CrowdStrike in 2022?
The cybersecurity industry is playing an increasingly important role in our society. As technology progresses and more data is stored in the cloud, there's going to be an ever-increasing need to protect that data. In fact, a recent report estimates that by 2025, the cybersecurity market will have increased in value by $190 billion from 2020. CrowdStrike (NASDAQ: CRWD) is one of the leaders in this space. It was built from the beginning to be a cloud-native cybersecurity solution for businesses of all sizes.
At the time of this writing, CrowdStrike is down 37% from its 52-week high. Is the company in trouble, or has it simply been caught up in the broader market sell-off? Let's see if CrowdStrike is worth your investment dollars in 2022.
Image source: Getty Images.
Source Fool.com
