|Bid||87.55 x 1000|
|Ask||88.49 x 900|
|Day's Range||86.00 - 91.56|
|52 Week Range||56.00 - 101.88|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||89.88|
CrowdStrike® Inc. (CRWD), a leader in cloud-delivered endpoint protection, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the “Magic Quadrant for Endpoint Protection Platforms.”i The report, which evaluates vendors based on completeness of vision and their ability to execute, positioned CrowdStrike furthest for completeness of vision in the entire Magic Quadrant.
When you first start learning how to read stock charts, it can be a little intimidating. But you can quickly get up to speed with this new series on Chart Reading For Beginners.
Stanford University owns shares of Uber, CrowdStrike, and Pinterest. It also acquired a stake in biotech stock Atreca in the second quarter and slashed its investment in Dropbox.
From sticking to a routine to studying past winners, these tips will help improve your trading results. Plus, we look at stocks holding up amid market volatility.
Investors looking for artificial intelligence stocks to buy should look beyond tech giants and mull retail, cybersecurity, medical research and financial services, Bank of America says.
Bay Area unicorn tech companies stampeded toward the IPO gate this year, making a large number of founders billionaires — in some cases more than four times over. Seven founders of the 11 Bay Area tech companies that went public this year now hold stakes worth more than $1 billion, based on the founders’ holdings on the day of the IPO, as noted in their Securities and Exchange Commission filings, as well as closing stock prices on Monday. “The one difference from 10 years ago is many of them have already sold stock through secondaries while private, so they usually have taken care of the basics like buying a home by the time they go public,” said Andy Rachleff, co-founder and CEO of online financial advising firm Wealthfront.
The region captured a number of high-profile tech IPOs this year, some of which reached astronomical double-digit first-day gains and continue their rocket ride, while others turned to duds.
Get alerts to potential breakout stocks, along with technical analysis of the stock charts to see the best time to buy and what telltale signs to look for.
SUNNYVALE, Calif., Aug. 06, 2019 -- CrowdStrike Holdings, Inc. (Nasdaq: CRWD), today announced that it will release financial results for its fiscal second quarter 2020.
Earnings reports and IPOs both offer fantastic opportunities for swing trading. Putting them together can be even more powerful as a recent trade in CrowdStrike stock demonstrates.
While investors in big new consumer stocks like Uber and Lyft are in the red so far this year, ones that bought smaller enterprise stocks like Zoom Video Communications and CrowdStrike have more than doubled their money.
Investors seeking companies with fast revenue growth are piling into software stocks such as Microsoft Corp. (MSFT), Oracle Corp. (ORCL) and Workday Inc. (WDAY), which have soared well past the broader market this year. IPO Crowdstrike Inc. (CRWD) also has posted strong gains. “Software valuations are at all-time highs,” Macquarie Research software analyst Sarah Hindlian, told the publication, adding, “Bubble risk rises.” Fred Hickey, editor of the High-Tech Strategist newsletter, agrees.
This year, the IPO market has delivered many robust gains for investors. Most of these have been in the tech sector, such as with cloud companies like Crowdstrike Holdings (NASDAQ:CRWD), Zoom Video Communications (NASDAQ:ZM) and Pagerduty (NYSE:PD). And then there's Beyond Meat (NASDAQ:BYND).Source: Shutterstock BYND stock, which is a top player in the plant-based meat category, has been a big-time surprise. The company launched its IPO in early May and the shares spiked 163%. But this was just a warm up. The Beyond Meat stock price has since gone on to gain 711%. In fact, yesterday the stock added $19.94 to $222.86 (it was at about $170 at the start of this week).All this is indicating that Wall Street is expecting blow-out earnings when the company announces its results for the second quarter next Monday. Here's a look at the forecast: The consensus is calling for revenues to come in at $52.7 million, which would be a 202% increase (during Q1, the growth rate was 215%). The company is also expecting to post a loss of 8 cents a share, which is fairly modest.InvestorPlace - Stock Market News, Stock Advice & Trading TipsInterestingly enough, it looks like the main concern for Wall Street regarding BYND stock is that there are shortages. The demand is intense. * 7 Oversold Stocks To Buy Right Now Yet according to CEO Ethan Brown, he has been taking actions to deal with the problem. In an interview with the Wall Street Journal, he said: "We were surprised in the interest consumers were showing in our products, and that it turned on very quickly." Q2 NewsNow during the latest quarter, there has been lots of news that has helped to fuel Beyond Meat stock. Here's a look: * Dunkin Brands Group (NASDAQ:DNKN) indicated that its using Beyond Meat sausage for a breakfast sandwich. It will first be available in locations in Manhattan and then will go across the rest of the U.S. Keep in mind that BYND has distribution deals with other major food services companies like Restaurant Brands International (NYSE:QSR), Del Taco Restaurants (NASDAQ:TACO), Carl's Jr. and TGI Friday's. * Beyond Meat launched the next version of its Beyond Burger, which melts like real beef -- making the texture juicier -- and has a more neutral flavor and aroma profile. The new offering is also without GMOs, soy or gluten and is OK Kosher Certified. * According to a report in CNBC.com, Beyond Meat is creating a meatless version of bacon. Although, there is no launch date set. Bacon is on 68.1% of fast-food menus, based on research from Datassential. * Beyond Meat entered a partnership with Blue Apron (NYSE:APRN), a meal kit service. On the news, APRN stock soared by 67%! Bottom Line On Beyond Meat StockAt the time of the IPO, I wrote a bullish post for InvestorPlace.com about Beyond Meat stock. I thought the strategy was spot-on -- that is, by focusing on the mainstream consumer, not vegans or vegetarians (who account for a mere 5% of the U.S. population). The fact is that there is much interest in healthier meat substitutes, so long as the taste and texture are similar.But the problem is that the valuation on Beyond Meat stock is way too rich. Note that the market cap is $13.4 billion and the shares trade at a staggering 116 times sales. For the most part, Beyond Meat stock is factoring in hefty growth for many years to come. And this seems unrealistic as there is competition from other startups as well as long-time food producers.The run-up in Beyond Meat stock looks like what happened with the cannabis trade during the past year. There was initially a major surge because of legalization in Canada. But as growth decelerated, the stocks came under lots of pressure.Granted, when it comes to Beyond Meat stock, the momentum could continue. But with the valuation already at lofty levels, a small disappointment could mean a sizable pullback.Tom Taulli is the author of the upcoming book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Oversold Stocks To Buy Right Now * 7 Stocks to Buy Upgraded by Wall Street * 7 Marijuana Stocks With Critical Levels to Watch The post Is Beyond Meat Stock Too Exuberant Ahead of Earnings? appeared first on InvestorPlace.
Two new names on the IBD Breakout Stocks Index — CrowdStrike and Grocery Outlet — offer timely insight into how to buy IPO stocks and top stocks to watch.
The stock has been on a tear, and its recent earnings release confirms that this new cybersecurity outfit is no one-trick pony.
CrowdStrike Holdings (CRWD) stock rose 16.0% on Friday, the day after the cybersecurity company announced its fiscal 2020 first-quarter results.
CrowdStrike Holdings Inc. shares jumped by double digits in the extended session Thursday after the cybersecurity company‘s first earnings report since going public included an optimistic outlook that its chief executive credited to customer frustration with legacy security products.
How have recent IBD Stock Of The Day picks fared? CrowdStrike IPO leads cybersecurity winners. Inphi stock has been strong. Amarin reversed while Amazon stock is right at its buy point.