5 Best Fast Growth Stocks to Buy Now

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

Number of Hedge Fund Investors: 66

Cybersecurity company CrowdStrike ranks 4th in our list of the best fast growth stocks to buy. The company in March posted its Q4 results. Revenue in the quarter increased by about 48% year over year to reach $637.4 million, beating estimates by $10.56 million. Adjusted EPS in the quarter came in at $0.47, beating estimates by $0.04. Annual recurring revenue increased by 48% year over year.

A total of 66 hedge funds tracked by Insider Monkey have stakes in the company as of the end of the fourth quarter of 2022, a significant decline from 85 hedge funds recorded at the end of the previous quarter.