Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

CrowdStrike's Strong Free Cash Flow Could Blast CRWD Stock Higher

CrowdStrike Holdings (CRWD), the cybersecurity company, released strong results on Tuesday, June 3. CRWD stock is up and could rise further based on its strong free cash flow growth (FCF) and FCF margins. One way to play it is to sell short out-of-money puts.

CRWD closed at $462.94 on Thursday, June 5, giving the stock a market cap of $115.4 billion. That's is close to its recent peak. So, could it rise further?

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.