High-growth stocks seem to be back in style with Wall Street after an abysmal 2022. CrowdStrike (NASDAQ: CRWD) and Procore (NYSE: PCOR) are two stocks that give investors an excellent chance to capitalize on this shift. As a bonus, neither stock is severely overvalued, so investors don't need to worry about getting burned as they did throughout 2022.
So let's find out why these two make such compelling investments.
CrowdStrike is a leader in endpoint cybersecurity software, which protects network access points like cellphones, laptops, or cloud workloads. With more than 21,000 customers as of November 2022, CrowdStrike has a large client base using its security powered by artificial intelligence (AI). It's also rapidly growing, with annual recurring revenue increasing 54% in third-quarter FY 2023 (ending October 31) to $2.34 billion.
For further details see:
2 Supercharged Tech Stocks to Buy Without Any Hesitation