CrowdStrike Holdings, Inc. (CRWD) Reported “Unbelieveable” Quarterly Results, Well-Known Investor Says
From Yahoo Finance: 2025-05-10 15:51:00
Josh Brown praised CrowdStrike Holdings, Inc. (CRWD) for its exceptional Q1 results, calling it one of the best tech companies. CRWD’s annual recurring revenue (ARR) increased by 23% compared to last year, with subscription revenue jumping by 31%. The stock has performed well, rising 26% in 2025.
Brown noted that CRWD’s stock has recovered from losses due to an IT outage last summer and is currently trading 26% above its 200-day moving average. Despite news of layoffs, Brown expressed confidence in holding onto his shares. However, he believes AI stocks offer greater potential for higher returns in a shorter timeframe.
For investors seeking alternatives to CRWD, Insider Monkey recommends exploring AI stocks with promising potential and lower valuations. While CRWD remains attractive, the report highlights an AI stock trading at less than 5 times earnings that may offer a more compelling investment opportunity.