CrowdStrike Stock – What’s a Fair Valuation?

Bear markets should be celebrated as opportunities to purchase quality growth assets at a significant discount. It’s also a time when companies with subpar business models come under scrutiny. Selling promises of future growth becomes very difficult which is why special purpose acquisition companies (SPACs) have come crumbling down with more than 40 of the 100 we’ve covered having lost 75% or more. While there may be value in some of these names, nearly 70% have a market cap of less than $1 billion which means they’re off our radar.

Over the past several months, we’ve been evaluating stocks we “like” to see what quality companies we might add that are trading at bargain prices. One name that’s surfaced is CrowdStrike (CRWD), a $32 billion firm we last covered in an April 2021 piece titled Which of The 3 Biggest Cybersecurity Stocks is the Best? Today, we want to revisit the stock and cybersecurity thesis.

Cybersecurity spending isn’t going anywhere, and we want in on that action.

Nanalyze, April 2021

Investing in Cybersecurity

On a spectrum of maturity, themes like spa