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CrowdStrike (NASDAQ:CRWD) has become an early winner in the artificial intelligence (AI) revolution, and that's delivered a big win to early investors in this cybersecurity giant. The company's innovative platform, Falcon, incorporates AI to identify threats and tackle attacks before they happen. This has translated into explosive revenue growth quarter after quarter, and the company continued marching along this path in the recent period.
In fact, chief George Kurtz called it the "very best quarter in company history." Among other achievements, CrowdStrike delivered record new annual recurring revenue (ARR) and free cash flow. And, importantly, the growth of AI is offering the company a new, significant revenue opportunity.
All of that is positive, but it's also important to keep in mind the stock's explosive performance, something that could mean some of this great news is already priced in. The stock has jumped about 100% over the past year. Is it too late to buy this winning AI stock? Let's find out.
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AIPROPX — “After CrowdStrike’s “Best Quarter in Company History” and Explosive Stock Market Gains, Is It Too Late to Buy?” · https://www.aipropx.com/story/eb5398b08cd172d0445fbc0c94821222
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