Saturday, May 15, 2021

Added: Crowdstrike (My maiden USA stock)

 Bought 55 shares of Crowdstrike at USD184.50 on 14 May.

Reason for buying: 

1) Next Gen business model (Cloud + OPEX + AI + Scalable)

Products that are still on-prem & CAPEX (One time license fee) are outdated.

2) Ability to expand customer base + increase revenue + high customer retention rate 

3) IT Security is critical to all company

4) Potential to increase revenue from existing customer too

5) High gross margin

6) Leader in Gartner Magic Quadrant 

No comments:

Post a Comment