17 Stocks on Jim Cramer’s Radar

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

Number of Hedge Fund Holders: 64

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks on Jim Cramer’s radar. During the episode, Cramer mentioned that he is impressed by the recovery of the company after last year’s outages.

 “It’s hard to believe that it’s been almost a year since CrowdStrike, the cybersecurity play that we owned for the Charitable Trust, accidentally caused widespread computer outages, the faulty file update, not a hack, like a file update that sent millions of systems offline, halting businesses across the globe. Now, fast forward today, though, and it’s like the outage never happened. Not only is CrowdStrike stock up more than 135% from its post-outage lows, it’s up almost 40% from where it was trading before the outage. That’s because cybersecurity is essential, and this particular cybersecurity firm is incredibly well run and loved in the industry. I’ve never seen such a rapid executed turnaround.”

CrowdStrike (NASDAQ:CRWD) provides cloud-based cybersecurity solutions through a subscription model, protecting endpoints, identities, data, and workloads. The company’s platform includes threat detection, security management, and AI-driven automation tools.