CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was among the stocks covered in Jim Cramer’s Mad Money recap as he urged investors to focus on the fundamentals of companies. Cramer discussed the false AI worries around the stock, as he commented:
Let’s start with CrowdStrike. Here’s the premier cloud native cybersecurity company that has one of the greatest records in the industry. If you recall, there was a major outage caused by CrowdStrike… It was back above pre-outage levels, though, by mid-November that year as George Kurtz, the CEO, took it upon himself to have a tour, 100 accounts, 100 days, a little bit more or less. But you know what? The stock never looked back after that until late 2025 when we started to hear that Anthropic was gunning for their business. We owned the stock for the Charitable Trust, and I was mystified why anyone would think that Anthropic would offer cybersecurity for other properties, let alone its own. I know they were working with CrowdStrike to ensure the data was protected, but no one listened to me, and the stock started its steep decline.
Now, I had George Kurtz, the CEO of CrowdStrike, on the show several times to explain how Anthropic wasn’t looking to directly compete with their kind of cybersecurity. Nobody cared. This stock got pummeled some more. It only got worse when Anthropic revealed that it has a model, Mythos… Again, I could not believe this. How could people not see that AI and Anthropic weren’t headwinds for cybersecurity and CrowdStrike? They were tailwinds. You need much better security in a world where hackers also have access to AI tools… Now, on a down day with many stocks getting just clocked, CrowdStrike rallies nearly 4% on the exact same thing that I’ve been telling you for weeks, and no one’s cared… If you thought it was true that Anthropic was gunning for CrowdStrike, okay, you know, gunning for the whole industry, I get that, but it was wrong. I think this was day one of CrowdStrike’s comeback from purgatory. Yeah, I like that. The stock’s still down for the year. That’s nuts.
A stock market chart. Photo by Arturo A on Pexels
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions. The company offers protection for endpoints, cloud systems, identities, and data.
While we acknowledge the risk and potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRWD and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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