Today’s video focuses on recent news, potential growth opportunities and current fundamentals of CrowdStrike Holdings ( CRWD -0.25% ), Autodesk ( ADSK -3.74% )and Varonis Systems (VRNS -2.46% ). Varonis and CrowdStrike focus on the ever-changing cybersecurity market and tackle the problem with different solutions, while Autodesk provides design software solutions. Here are some highlights from the video.
- CrowdStrike reported strong earnings on March 9, sending the stock price up more than 12% in one day. CrowdStrike added 1,638 new subscribed customers this quarter, representing 65% year-over-year (YoY) growth. During the video, I explain why I believe his recently launched $100 million investment vehicle can bring about substantial change going forward.
- For Autodesk’s last fiscal year, about 45% of total revenue came from the architecture, engineering, and construction market, which grew 19% year-over-year. Many investors might overlook the media and entertainment segment due to its small size, but this segment may provide a future catalyst for growth as it recently grew by 39% year-over-year.
- All three companies are showing positive operating cash flow and have posted double-digit revenue growth over the past four quarters. At the same time, each stock is down more than 30% from all-time highs.
Click the video below for my full thoughts and analysis.
*The stock prices used were market prices on March 10, 2022. The video was posted on March 10, 2022.
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