“I Love CrowdStrike (CRWD) Here,” Says Jim Cramer

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We recently published 9 Stocks Jim Cramer Talked About. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks that Jim Cramer talked about.

Cybersecurity services provider CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s shares are down by 3.6% over the past year and by 8.8% year-to-date. Macquarie kept a Neutral rating and a $485 share price target on the firm in January. The bank praised CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s position in the cybersecurity market and noted the firm’s strengths in endpoint protection, identity management, and other sectors. A more recent discussion came from Cantor Fitzgerald that saw the financial firm reiterate an Overweight rating on the stock. As per Cantor, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) signed an agreement with Saudi oil giant Aramco. Cramer has long been a proponent of the cybersecurity industry. The CNBC TV host praised the sector last year, as he commented that while software-as-a-service (SaaS) stocks were struggling, cybersecurity provided an opportunity to invest due to the rise in data use for AI. A year later, Cramer discussed CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and Anthropic:

“Crowdstrike, yes. I love Crowdstrike here. Because even though everybody says that Anthropic has destroyed them. Anthropic is doing something that makes it so they’re even more valuable, which is saying, listen, the holes, they don’t do the holes. They don’t do mistakes. George Kurtz doesn’t do that. I like Crowdstrike very much and yes I would buy it, yes I would.

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“Well, I think that maybe it’s more important to see that we’ll see the multiples shrink. I mean for instance Crowdstrike I believe is just doing incredibly well. And I don’t think Anthropic is going to go up against Crowdstrike, that’s not what’s happened, their going to go with the enterprise and try to make the agentics safer. I get that, but they’re about the programming. And I come back and say well will someone buy Crowdstrike? Because it’s such a great company, it has a great Rule of 70, that kind of thing. . .and I love it. And I wanted to buy it this morning for my charitable trust because I believe in George Kurtz. Because I recognize, there are a lot of people that say, look, Jim, it doesn’t make money, what are you doing? And it does make money, that’s the usual canard, but it’s expensive on earnings, and, it’s an EBITDA, it’s an ARR story, David, you mentioned ARR. It’s a recurring revenue story.”

While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.