OKTA - SentinelOne: Likely Best Positioned To Benefit From The CrowdStrike Incident
2024-07-21 20:45:50 ET
Summary
- I expect the cybersecurity industry to continue to grow and outperform the market.
- CrowdStrike's recent outage may negatively impact its brand and stock performance.
- Investors may consider SentinelOne and other competitors as potential investment options in light of CrowdStrike's struggles.
Thesis
The cybersecurity industry will continue to grow quickly and outperform the market in the coming years. Investors looking to buy into the industry today should look at CrowdStrike ( CRWD ) competitors such as SentinelOne ( S ), in part because their offerings could see increased demand due to fallout from the recent CrowdStrike outage....
SentinelOne: Likely Best Positioned To Benefit From The CrowdStrike Incident