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Why This Cybersecurity Stock Belongs in Every Millionaire-in-the-Making Portfolio

The Motley Fool·
Why This Cybersecurity Stock Belongs in Every Millionaire-in-the-Making Portfolio

CrowdStrike is highlighted as a premier cybersecurity stock positioned to outpace the industry's expected 13.8% annual growth rate. The company reported 26% year-over-year revenue growth to $1.47 billion and $5.84 billion in annual recurring revenue. However, the stock trades at a premium valuation of 43x projected revenue, which could limit short-term upside and increase volatility risk.

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