Jim Cramer Calls CrowdStrike as One of His Favorite Stocks

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks Jim Cramer recently talked about. Cramer noted the stock’s action after Jensen Huang’s endorsement, as he said:

“Or how about CrowdStrike, one of my favorite stocks that, along with Nvidia, we own for the Charitable Trust. It was cruising along, up seven bucks today, and then Jensen Huang, yes, the CEO of Nvidia, said something at his GTC conference in Washington. He told people, ‘I can’t think of a better company to protect AI than CrowdStrike.’ Bingo. Boom. A quick 10 more points as Jensen announces a collaboration with CrowdStrike to make cybersecurity AI agents.”

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions. The company provides protection for endpoints, cloud systems, identities, and data. During October 7 episode, an investing club member inquired about the stock and Cramer replied:

“Okay… All the cybersecurity stocks are the same way. But I think, I believe in George Kurtz. I think that stock goes higher, maybe even much higher.”

While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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