Is CrowdStrike Holdings, Inc. (CRWD) the Best Growth Stock to Buy According to Billionaires?
From Yahoo Finance: 2025-04-14 14:02:00
In a recent article, we explored the 10 Best Growth Stocks to Buy According to Billionaires, including CrowdStrike Holdings, Inc. (NASDAQ:CRWD). Market volatility has increased, with a 19% decrease in the S&P 500 from its all-time high. Fundstrat’s Tom Lee believes there’s a window for stocks to rebound, depending on tariff de-escalation. Lee also discussed strategies for investors facing the current market conditions.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a cybersecurity company with a global presence, offering solutions to protect endpoints, cloud workloads, and data. J.P. Morgan analyst Brian Essex remains bullish on the stock, citing strong recurring revenue growth potential. During the fiscal fourth quarter of 2024, CRWD reported a 23% year-over-year growth in ARR, reaching $4.24 billion. The company’s Falcon platform has been a key driver of growth.
TimesSquare Capital Management U.S. Focus Growth Strategy highlighted CRWD in its Q4 2024 investor letter, praising the company’s cybersecurity solutions and solid fiscal performance. CRWD ranks 5th on the list of best growth stocks to buy according to billionaires. While CRWD shows growth potential, there may be AI stocks with higher returns in a shorter time frame. Consider exploring the report on the cheapest AI stock for more insights.
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