CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer noted the stock hitting its all-time high, as he said:
After the close, club members beware, we have both Broadcom and CrowdStrike, two very important positions for the Trust. Both hit their all-time highs today, so I have to be a tad circumspect. You know how I feel when stocks run up ahead of a quarter… CrowdStrike’s going parabolic, though. It might be able to brave the profit takers on a good quarter, but it most likely would be greeted with some noticeable profit-taking… Any kind like the last, last few CrowdStrike quarters, because that’s an expensive stock. But the company’s been a bulwark against cyber criminals, especially since Anthropic privately released this Mythos and scared the dickens out of all of us.
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CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions. The company offers protection for endpoints, cloud systems, identities, and data. Cramer commented on the stock during the May 11 episode, as he stated:
Finally, check out the daily chart of my favorite. This is CrowdStrike. Now this one’s interesting, not as bullish. Lang points out that the stock made a double bottom over the past few months. It’s, by the way, the W pattern, that’s one I’ve always felt incredibly bullish. I really like that. CrowdStrike’s been on fire since the second bottom about a month ago, with the stock exploding higher on strong volume…
Meanwhile, the money flow has been skyrocketing, which tells you that there is strong institutional buying. You can see the money flow. It’s pretty good. This is a stock in the $530s, and Lang thinks it could run to $600. Wow. By the end of the year, he thinks it’ll revisit its old highs… much sooner because this is a very strong chart. So I’m glad he said that. He does like all three. I happen to like all three too, but I need this one to go the highest because a lot of members of the… [club] own it… This has been a stock that I have said endlessly people should own if they’re in the club.
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