Squawk on the Street Cramer's Morning Take: CrowdStrike 6/6/25
Jun 6, 2025
Discover the dynamics of active management in investing with the Fidelity Enhanced Large Cap Core ETF. Delve into the implications of CrowdStrike's recent stock downgrade amid market volatility. The discussion highlights the company's resilience in the cybersecurity sector, emphasizing its strong position. Plus, explore Palo Alto as an intriguing alternative investment. Uncover insights to navigate the ever-changing world of finance!
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CrowdStrike's High Valuation
- CrowdStrike is one of the five most expensive stocks currently in the market.
- Investors have flocked to cybersecurity stocks seeking safety and resilience in IT sectors.
Hold CrowdStrike for Growth
- Don't sell CrowdStrike despite its downgrade and volatility.
- Expect explosive business growth in Q4 driven by recurring revenue deals coming online.
DOJ Vetting Eases Concerns
- Jim Cramer spoke to George Curtis about the DOJ's investigation into CrowdStrike.
- He concluded multiple vettings made accounting issues unlikely, relieving concern.