CrowdStrike reported 26% revenue growth to $1.47 billion, record net new ARR, and rising ARR, and that business momentum outweighs the stock's rich valuation and strong recent run.
CrowdStrike showed strong growth and record customer additions after its quarter. Its management raised the company's full-year new-ARR plan and Falcon Flex ARR doubled. Those business results support a positive read despite a high valuation and very strong recent price moves.
Palo Alto Networks was named to the columnist's buy list, which supports demand for the stock despite the column noting a weaker chart and more drift in its recent moves.
Fortinet made the buy list, suggesting positive investor interest, though the columnist warned about its history of post-earnings blowups and advised caution.
Cloudflare made the columnist's list and the piece notes shares hit a new high with a breakout in progress, supporting a positive reading for the company.
Zscaler was left off the buy list even as its chart shows some recovery and a rising 200-day; the article reports both recovery signs and past large losses, so the story balances out.
SentinelOne was excluded from the list because it fails the $25 billion market-cap screen and the columnist cited practical objections to chasing smaller names.
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