Jim Cramer Joins Multiple Analysts Calling The Bottom In CrowdStrike Stock
Portfolio Pulse from Adam Eckert
Jim Cramer and multiple analysts believe CrowdStrike Holdings Inc (CRWD) has found a bottom after a significant selloff due to a global IT outage. Cramer expects the stock to rise and highlighted positive analyst commentary. He also mentioned SentinelOne Inc (S) and Palo Alto Networks Inc (PANW) but does not foresee a major market share shift.
July 29, 2024 | 4:14 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Palo Alto Networks shares are mentioned as potentially benefiting from CrowdStrike's recent issues, but no significant market share shift is expected.
While Palo Alto Networks is mentioned as potentially benefiting from CrowdStrike's issues, the market does not expect a significant change in market share.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
SentinelOne shares are mentioned as potentially benefiting from CrowdStrike's recent issues, but no significant market share shift is expected.
While SentinelOne is mentioned as potentially benefiting from CrowdStrike's issues, the market does not expect a significant change in market share.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
CrowdStrike shares are expected to rebound after a 32% drop due to a global IT outage. Jim Cramer and analysts from JPMorgan, UBS, and Morgan Stanley are optimistic about the stock's recovery.
The stock has faced heavy selling due to a global IT outage but is now seeing positive sentiment from Jim Cramer and multiple analysts. This suggests a potential rebound.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100