CrowdStrike: Grinch Hasn't Arrived Yet
- CrowdStrike has fallen nearly 200 points from the peak, but Wall Street analysts remain very bullish on the cybersecurity specialist.
- The company faces sales cycle delays, questioning how crucial the cybersecurity products are for customers.
- CRWD stock trades at 8x FY24 sales targets suggesting Grinch has yet to steal the presents for shareholders.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »