PANW - CrowdStrike: Too Much Hype
Investors just can't turn down a high growth story no matter the risk. Another prime example is CrowdStrike Holdings (CRWD) that trades at absurd valuation levels despite losing a substantial amount of money. The market takes a dangerous focus on revenue growth that tends to not end well for shareholders. Investors need to cash in large post-IPO gains before the market wakes up to the irrational prices being paid here.
Hot IPO
CrowdStrike only went public back on June 14 by selling 20.7 million shares at $34 per share. The cybersecurity stock