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Global IT outage, stocks tank: what happened and what now?
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I'm not interested even at $200. My target is $110

$CrowdStrike (CRWD.US)$ I don't understand why people are ready to put their money in such a highly expensive valuation. There are too many in this sector far below this valuation. This is your money, and we all are here to make a profit, not taking pure risks. My analysis shows deep correction from here. Stock is good for profit booking (if any), not for investing at this high valation. I shall wait for my target around $110.
My research and analysis are not advice or recommendations. It's for information and knowledge purposes only. Any research , analysis, information, or other material received should not be construed as individualized investment advice. Investment decisions should be made as part of financial goal, risk appetite, duration, etc for your overall portfolio strategy, and you should consult with a professional financial advisor, legal and tax advisor prior to making any investment decision.
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  • MomentumPython1337 : i sold 85% last week and 15% today. I'm out. need to see next earnings AND after that. need to see how much forward guidance is affected by this outage.

    i might enter from time to time for short term swing trades if market rallies again this will probably rally together but definitely not as a long term investor.

  • 102903675 : It’s a saturated market out there . With this outage, companies will not want to place all their eggs in a single basket and will be looking at diversifying their assets in a way that does not depend solely on a single product.

  • Ken Griffin Charity2 : $110 is far too low for the leading EDR/XDR provider in the SaaS space. The company’s list of clients contains multiple Fortune 100 companies with the biggest name being Amazon. The fact that the stock is trading only -10% in the aftermath of costing the world economy billions of dollars is proof of the market’s faith in this company. I won’t be holding my breath for $110 price target.

  • 102981537 : You can’t have 2 companies doing ur cybersecurity.

  • Sikander KHAN OP Ken Griffin Charity2 : Thank you, dear, for your comments. For me, all views are welcome. It's based on my long, in-depth analysis that included all aspects with the threat test for such a is highly expensive stock and sorry to say it's far below on my test result, even fundamentals, trend and guidance doesn't not support this valation even after 30% correction from this level but it will remain expensive for me. If it will not slide to my target then no problem for me as there are too many stocks in the same sector with great valation where I am increasing my position from time to time for a long term.

Greetings! As an avid investor, I actively manage a diverse portfolio spanning the dynamic landscapes of the stockmarket
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