Please ensure Javascript is enabled for purposes of website accessibility

CrowdStrike Stock Is Up 600% Since Last Year. Why It's Still Worth Buying

By Brian Stoffel and Brian Feroldi - Jun 17, 2021 at 10:10AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Don't anchor to past price. Just look at these forces at play.

CrowdStrike Holdings (CRWD -1.76%) was one of the first cybersecurity companies to start operations with its tools solely available via the cloud. There were no CDs to download, no on-premise operations. In industry speak, that's called "cloud native."

While that might seem like an advantage, the company's young age, combined with the onset of COVID-19, pushed shares down to new lows in March 2020. Since the nadir, however, the stock has septupled. That's been backed by impressive growth with both new customers and within its existing base.

You might think that means you've missed your chance to invest in this highflier. But in this May 17 video from the YouTube channel of Motley Fool contributors Brian Feroldi and Brian Stoffel, they discuss why the future could still be very bright.

Brian Feroldi owns shares of CrowdStrike Holdings, Inc. Brian Stoffel owns shares of CrowdStrike Holdings, Inc. The Motley Fool owns shares of and recommends CrowdStrike Holdings, Inc. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

CrowdStrike Holdings, Inc. Stock Quote
CrowdStrike Holdings, Inc.
CRWD
$196.89 (-1.76%) $-3.52

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
402%
 
S&P 500 Returns
129%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/18/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.