![]() ![]() Often, customers will upgrade subscriptions to include more modules over time. CrowdStrike has impressive growth from existing customersĬrowdStrike's cloud-based Falcon platform is modular, so customers can tailor the platform to their needs by choosing which modules to use. It has also bested Microsoft in growth and market share for endpoint security for three consecutive years.ĬrowdStrike has several desirable growth-stock traits. That growth potential bodes well for CrowdStrike ( CRWD 2.47%), which is a premier defender against security breaches (it was named a magic quadrant leader by Gartner). Statista estimates that revenue in the global cybersecurity market will hit $174 billion in 2023 and grow to $262 billion by 2027. What do these stocks have in common (besides all currently trading at a discount to recent all-time highs)? They are all well-run companies and they all serve secular growth industries.Īnother secular growth industry catching investors' attention at the moment is cybersecurity. Nvidia, Netflix, and ServiceNow are all tech growth stocks that have created immense wealth for investors over the past 10 years, with returns of 7,450%, 1,120%, and 1,220%, respectively. Even discounted growth stocks (if you find the right ones) can supercharge portfolio returns when they hit. but even in these uncertain times, it's good practice to not put all your eggs in one basket by buying just value stocks. The current rising-interest-rate, elevated-inflation-rate market environment has many investors wary of growth stocks. ![]()
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