New Trade for April 5th, 2023

In today’s digital age, online attacks and security breaches have become an increasingly critical concern for businesses and individuals alike. As a result, companies that provide advanced network security solutions are well-positioned to benefit from the growing demand for their services.  

After a significant decline in 2022, today’s recommendation has shown strong growth potential in the current market environment and will likely thrive along with demand for its offering. This company leverages artificial intelligence and machine learning to detect and respond to cyber threats in real time. This means it’s not only a solid network security stock but also a logical choice for anyone looking to ride the AI wave. 



CrowdStrike (CRWD)

With its Falcon platform leveraging AI and machine learning to provide real-time threat detection and response, CrowdStrike is well-positioned to benefit from the growing demand for advanced cybersecurity solutions. This company’s innovative technology and strong growth potential make it a compelling investment opportunity for investors looking to capitalize on the increasing importance of cybersecurity in today’s digital landscape.

Despite experiencing a significant drop in value in 2022, CRWD has rebounded strongly this year, with a 32% increase in its stock price. The positive sentiment from 33 out of 37 analysts who offer an optimistic view of the stock, along with the consensus Strong Buy assessment, further supports the potential of CRWD as an investment. The average price target of $165, which suggests a significant upside potential of over 22%, adds to the stock’s attractiveness.

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