Thread by @JoshuaTai0427

Been quite busy lately but here are some of my initial thoughts on $CRWD.

Please correct me if I am wrong!

$CRWD is the pioneer in cloud based security protection, and $CRWD is currently leading the race with its comprehensive falcon platform.

60%+ of the fortune 100 companies and 14 of the top 20 banks use $CRWD, signalling to $CRWD's dominate position in the field.

However, the field is not without competition. There are many competitors, and incumbents aside, there are $MSFT, $S and others chasing behind $CRWD.

Valuation is very rich for $CRWD, with a 37.43 EV/revenue and a 54+ P/S ratio. Many good news have been priced in, and the market is expecting $CRWD to perform at a very high growth.

$CRWD's revenue growth has been slowing, but recurring revenue and retention ratio is very positive, indicating to its ability to cross/up sell their products.

It seems to me that as $CRWD uses AI and machine learning as it core for preventive security measures, the more customers and data $CRWD has, the stronger it can be in the future.

If execution continues to be on point (which I would take it until proven otherwise), $CRWD is on a path to become the most dominant security company.

$CRWD seems to be a stocks that have all the fundamentals right, but with a very rich valuation. The key is how fast will the revenue grow faster than the contraction in multiples? and what kind of returns will we get as investors?

Please let me know if I am getting anything wrong and your thoughts on $CRWD! Thanks! 👇