Jim Cramer’s Take on 24 Stocks: Cisco, Eli Lilly, and Ford

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

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was one of the stocks on which Jim Cramer shared his take, explaining that dot-com analogies do not hold up in this market. Cramer called it his “favorite,” as he remarked:

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.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions. The company offers protection for endpoints, cloud systems, identities, and data.

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