During 2024, the S&P 500 had an incredibly strong year. However, it dipped by about 9% at one point during the year.
Cybersecurity is a hot topic with the pace of attacks growing, the costs multiplying, and opportunities abundant for cybersecurity companies. Estimated to triple by 2027, the cybersecurity market will top $10.50 trillion, with much spending concentrated on a few names.
2024 had a lot of ups and downs for two of the world's top cybersecurity companies, CrowdStrike (CRWD -2.05%) and Palo Alto Networks (PANW -1.22%). The former was involved in a highly publicized outage, while the latter made a radical change to its business strategy.
The S&P 500 set more than 50 record highs during 2024, extending the bull market that began when the index bottomed in October 2022.
With the end of 2024 hours away, today's Big 3 turns to some of the biggest tech movers of the year. Tom White and Kevin Green look at charts for Crowdstrike (CRWD), Nvidia (NVDA) and Micron (MU) and dive into the technical trends for each.
It's been a doozy of a year for cybersecurity company CrowdStrike (CRWD -1.60%).
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
CrowdStrike stock price staged a strong recovery after crashing hard in August following its massive outage that cost companies millions of dollars. After plunging to $200.9 in August, the stock surged to $388 after publishing better-than-expected financial results.
Shares of CrowdStrike Holdings, Inc. CRWD are trading down sharply on Friday. The move lower was triggered by news of insider selling.
CrowdStrike (CRWD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
As 2024 comes to an end, many investors are reviewing their portfolios and thinking about what stocks to buy in the new year. While it's not as simple as it sounds, one time-tested strategy is to buy the best companies and hold them for the long term.
CrowdStrike stock took a hit in July when the company caused a massive outage with a cybersecurity update. It seems to have recovered.