CRWD - CrowdStrike Holdings Inc.

Delivered the cleanest earnings report of the season with accelerating recurring revenue and strong AI/Flex adoption. Partnering with Nvidia and positioning well for agentic AI, but the stock is likely too expensive to buy at current levels—wait for a better entry.

He cites CrowdStrike as an example of a cybersecurity stock that became 'excessively expensive' after rebounding, in contrast to Qualys which still offers fair value. This is an implicit valuation warning rather than a clear sell call.

CrowdStrike is a leading cybersecurity player with strong recurring revenue and AI tailwinds; a key holding to watch in software ETFs.

Strong earnings reaction, part of the emerging software leadership group.

Bearish setup expecting further downside if stock drops below $197.25; sold off badly today.

Momentum play to the upside; if it breaks out above $227, continue watching higher.

The stock broke out from $120 to $200 and is pulling back to the 50-day moving average at $178, which is a classic buy point. A stop around $173-$178 (5-10% risk) allows for continued upside in a leading stock and sector.

Citi's Kate Moore bullish on cybersecurity due to AI agent proliferation. Host notes interest in sector.

CrowdStrike is described as the 'big dog' in the field with significant subscription revenue. They learn from millions of computers simultaneously and have a network advantage - when one government computer is attacked, they alert the entire network and make real-time adjustments. The host has been invested since around $150 and is very bullish.

Host says CrowdStrike 'looks expensive as ever' and that Palantir makes CrowdStrike 'look like a joke in terms of its valuation.' Implies it is overvalued relative to growth.