CrowdStrike Holdings (CRWD) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss the cybersecurity company’s strong quarterly results. Jenny and Alex talk about CrowdStrike’s fourth-quarter report which showed a profit of 30 cents per share and annual recurring revenue (ARR) of $1.73B, that’s up 65% from a year ago. Jenny and Alex discuss the highly technical field of cyber security and why the current geopolitical climate is bringing attention to these industries. Alex talks about how CrowdStrike has been on the increase over the past several years. Finally, Alex and Jenny demonstrate an example trade using CrowdStrike (CRWD).
11 Mar 2022