CrowdStrike added to Conviction List

Crowdstrike has a nice website with some useful info:

http://www.crowdstrike.com/

a list of Crowdstrike clients/users:
44 of 100 Fortune 500
9 of 20 the Major Banks
37 of 100 the Top Global Companies
5 of the top 10 Largest Healthcare Providers
7 of the top 10 Largest Energy Institutions

Impressive list and potentially expanding TAM.


i see that this morning besides being on ‘our’ high conviction list that others are following.

Needham adds CrowdStrike to Conviction List

…citing rapid growth that’s “delivering significant leverage to the business model.”

Analyst Alex Henderson names CRWD “our Single Best Idea in Security” for 2020 and sees “major share opportunities” in the competitive environment.

Needham maintains a Buy rating and $92 price target on CrowdStrike. The company has a Bullish average Sell Side rating.
https://seekingalpha.com/news/3528697-needham-adds-crowdstri…


Expanding partnerships also:

Baidam Solutions Joins CrowdStrike’s Elevate Partner Program

…Through this strategic partnership, Baidam Solutions will combine their offerings with CrowdStrike’s industry-leading endpoint protection platform to help customers stop breaches…
https://finance.yahoo.com/news/baidam-solutions-joins-crowds…

Crowdstrike reported Record Fiscal Third Quarter 2020 Financial Results on December 5th.

Best, kevin c
long of crwd
please click my name for disclosed holdings

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For what it’s worth:

Needham adds CrowdStrike to its Conviction List, citing rapid growth that’s “delivering significant leverage to the business model.”
Analyst Alex Henderson names CRWD “our Single Best Idea in Security” for 2020 and sees “major share opportunities” in the competitive environment.
Needham maintains a Buy rating and $92 price target on CrowdStrike.

bolding is mine.

While it’s just an analyst (who perhaps is following our board :grinning:), it is always reassuring to discover that you aren’t the only one who feels this way.
Saul

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