Jim Cramer Shares Key Role CrowdStrike Holdings, Inc. (CRWD) Can Play In Defending AI

We recently published 10 Stocks Jim Cramer Discussed As He Dismissed A Recession. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks Jim Cramer recently discussed.

[Shutterstock: 380107090, scyther5]

CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s shares have gained 22% year-to-date as investors have sought refuge in a software stock segment, which is not impacted by AI. Cybersecurity stocks like CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have performed well due to strong demand for their services in an era where computing demand rises due to AI use. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s shares fell by 5.8% in June after the firm’s latest earnings report saw it post in-line revenue and miss analyst guidance estimates. However, Cramer’s a believer in cybersecurity, and he shared one reason why:

“[On how agentics could be hacked] Nikesh Arora’s I think the guy who’s thought, look, more about this, George Kurtz from Crowdstrike too, and they recognize that these things are just kind of bots that you can program the way you want em. And that there’s whole countries that want to, crash the bots, our bots.”

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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Disclosure: None. This article is originally published at Insider Monkey.