Crowdstrike correction
I just added more shares in Crowdstrike, a leading cybersecurity service in the industry. I believe Crowdstrike will continue grow based on P/S, FCF are increasing despite the target price down by the experts.
In the recent event, APT actors are attacking essential
services in the countries and global company like Microsoft is facing the similar
threats and stop hiring certain nationality in the respective department. Those
hackers are not doing this for money purpose but might be pursing national interests.
Many experts down Crowdstrike target price due to believing
the price has been perked therefore it led to slight dipping by institution/
retail investors. I believe Crowdstrike has strong growth in computing cloud despite
AI still in early stage and the Big three cloud company (Amazon, msft and googl)
are still growing their service which creating a demand in security cloud
space.
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