CrowdStrike sign and logo at headquarters in Silicon Valley. CrowdStrike Holdings, Inc. is a public cybersecurity technology company

CrowdStrike Stock Through The Lens Of Big Money

So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares.

Smart money managers are always looking for the next hot stock. And CrowdStrike has many fundamental qualities that are attractive.

This sets up well for the stock going forward. But how the stock is trading points to more upside. As I’ll show you, the Big Money has been consistent in the shares the last year.

You see, fund managers are always looking to bet on the next outlier stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.

That’s why I’ve learned how critical it is to gauge Big Money demand for shares. To show you what I mean, have a look at all the big money signals CRWD has made the last year.

The last few days have seen Big Money activity, too. Each green bar signals big trading volumes as the stock ramped in price:

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Source: www.mapsignals.com

In 2021, the stock has attracted 11 Big Money buy signals. And just as impressive, there’ve been zero sell signals. Generally speaking, recent green bars could mean more upside is ahead.

Now, let’s check out technical action grabbing my attention:

  • YTD outperformance vs. technology ETF (+11.21% vs. XLK)

Outperformance is huge for leading stocks.

Next, it’s a good idea to check under the hood. Meaning, I want to make sure the fundamental story is strong too. As you can see, CrowdStrike has been growing revenues and earnings rapidly. Take a look:

  • 3-year sales growth rate (+94.9%)
  • 3-year earnings growth rate (+14.07%)

Source: FactSet

Marrying great fundamentals with technically superior stocks is a winning recipe over the long-term.

In fact, CrowdStrike has been a top-rated stock at my research firm, MAPsignals, earlier this year. That means the stock had buy pressure, strong technicals, and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

CRWD has a lot of qualities that are attracting Big Money. And since it first appeared on this report back on 12/29/2020, it’s up 37. The blue bar below shows the 1 time that CrowdStrike was a top pick:

Chart, histogram

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Source: www.mapsignals.com

It’s a newcomer to the MAPsignals process. I wouldn’t be surprised if CRWD makes additional appearances in the years to come. Let’s tie this all together.

CrowdStrike continues to fire on all cylinders technically alongside growing sales and earnings. I like the long-term story of the stock.

The Bottom Line

The CrowdStrike rally could have further to go. Big money buying in the shares is signaling to take notice. Shares could be positioned for further upside. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a growth-oriented portfolio.

Disclosure: the author holds no position in CRWD at the time of publication.

Learn more about the MAPsignals process here.

Disclaimer