12 Stocks Jim Cramer Discussed As Analyzed Morgan Stanley’s Comments

8. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders In Q1 2025: 64

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a cybersecurity company whose shares have lost 8% since early July. The firm’s shares have struggled due to analyst downgrades, but they would have fallen further had it not been for yet another cybersecurity breach last weekend. Cramer discussed the outage and the role CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and other cybersecurity companies can play in it. The CNBC host’s remarks also touched on the share price weakness:

[CRWD][MSFT]”I think you’re gonna see two stocks pop, maybe even a third. First it’s Crowdstrike. This is because of the attack on Sharepoint which is a zero day attack. So called because it’s targeted previously unknown vulnerability. This was extraordinary. Everybody in the industry was really buzzing about this because a lot of different organizations were hit. A lot of federal. And the only good piece I saw on this was in the Washington Post. All I could tell you is the, the feedback is that these companies have another wave of calls. Meaning that then become clients. So you buy these. You buy these aggressively. Because people did not know once again the vulnerabilities.. . .But I do think these guys are big winners.

“[On whether the frequency of high profile attacks was getting less] No I think one of the things that we have to recognize is that, there’s a lot of these bad corporations that do this stuff. We have to recognize that Iran is very good at this. We have to recognize that Russia is very good at this. And what happens is, you don’t know who to call. So. . .You call George Kurtz, you say listen, help me. . . .How much business did George get from that? Well take a look at the stock. George went to speak to a 130 clients. They’ve done a lot of business. The street is now very negative about Crowdstrike because they think he’s going to lose a lot of business. The street is wrong! The street is wrong!”