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CrowdStrike (CRWD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Zacks.com users have recently been watching CrowdStrike (CRWD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cybersecurity is a big and growing sector. McKinsey & Co. has forecasted that the global cybersecurity market could reach $2 trillion as companies and individuals increase spending to protect themselves and their data from a rising number of cyberattacks and online threats.
ASML plays a vital role in the semiconductor supply chain. CrowdStrike is gaining scale, and profitability is surging.
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An amalgamation of recent events goes to show how important cybersecurity is. For example, consider the AT&T (NYSE: T ) hack that occurred a few weeks ago.
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The tech sector has been a solid industry for outperforming the market. The S&P 500 and the Nasdaq 100 both have most of their assets allocated toward the information technology sector.
CrowdStrike (CRWD) collaborates with HCLTech to improve the latter's MDR solution with CRWD's Falcon XDR platform.
Cybersecurity plays an ever-increasing role in our daily lives. Sure, the latest PC you bought or the application you downloaded adds a lot of joy to your life.