News Formal

This cybersecurity stock is breaking out as industry rides the AI boom, according to the charts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Breaking News: Markets News

Markets,Crowdstrike Holdings Inc,Palo Alto Networks Inc

Crowdstrike (CRWD) is a best-in-class cybersecurity play that is poised for a technical breakout from resistance, according to Todd Gordon.

Crowdstrike is a best-in-class cybersecurity leader that is poised for a technical breakout from resistance, despite being richly valued. Cybersecurity has a few big trends behind it. One of the top concerns for firms in a post-pandemic world of remote, at-home workers is cybersecurity. Plus, the industry will also benefit greatly from the generative AI and cloud computing boom.

Click here for the full disclaimer.Pia Singh

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CrowdStrike Shares Run Up Heading Into First Quarter Earnings ReportI have covered the technology sector for 25 years. Since 2003, I have been the managing editor of Tech-Stock Prospector, a monthly publication offering research and analysis on small- and large-cap companies. Prior to that, I analyzed the technology industry as senior writer for Louis Rukeyser's Wall Street newsletter.
Source: ForbesTech - 🏆 318. / 59 Read more »