To recap, CrowdStrike is a leading company in the cloud security space that provides cybersecurity services and solutions covering multiple large security markets including corporate workload security and threat intelligence services. CrowdStrike is a leader in the cloud-delivered protection of endpoints, cloud workloads, identity and data. The company differentiates itself from competitors by offering cheaper, simpler and more effective cloud security products and solutions.
CrowdStrike Holdings: +53.0%
CrowdStrike Holdings was the top performer in our 2023 top 10 global stock picks with 53.0% returns, outperforming benchmarks Nasdaq and S&P 500 which returned 20.6% and 10.5% respectively. Despite the significant jump in share price, based on our updated in-house valuations, we think the company’s current price of US$155.14 ($208.48) is significantly lower than its intrinsic value, which is around 60% above the trading price. Time and again, companies which exhibit strong and consistent cash-flow-generating ability are highly likely to be good quality businesses.
