CRWD - If You Invested $1000 in CrowdStrike in 2019 This Is How Much You Would Have Today
2023-04-24 09:00:00 ET
CrowdStrike (NASDAQ: CRWD) has become one of the best ways to invest in cybersecurity since going public in 2019. In fact, if you had invested $1,000 at its IPO, you'd have roughly $2,300 today, far more than the near $1,800 you'd have if you'd invested in the Nasdaq 100 .
However, at its peak in 2021, CrowdStrike turned $1,000 into $5,055. So can its stock regain those highs? Or are investors stuck at a lower -- but still impressive -- rate of return? Let's take a look.
CrowdStrike is a leader in endpoint security, which protects network access points such as phones or laptops. Third-party entities like the International Data Corporation (IDC) have ranked the company at the top of the endpoint market share for three years in a row, and SE Labs named it best in endpoint detection and response for the third consecutive year, which speaks to CrowdStrike's prowess.
For further details see:
If You Invested $1,000 in CrowdStrike in 2019, This Is How Much You Would Have Today