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CYBERSECURITY

April 21, 2024
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Wiko Steyn
Author
Wiko Steyn

Core Fund Update 8: #18 of 20 stocks added

We all hate passwords and yet they have become ingrained in our everyday lives. The culprit behind us having to remember hundreds of passwords is the wonderful phenomena we call the internet. It has truly transformed the way we interact, shop, research, entertain and almost every other aspect of our lives. The meteoric rise of this connected world has resulted in endless opportunities for entities that want to take advantage of the system's vulnerabilities. These unprovoked attacks can lead to great harm for individuals, companies or even governments. This ever-growing threat has given rise to a massive industry called cybersecurity. 

What started as virus checking software, to make sure your downloads don't corrupt your personal computer, is now a full-fledged suite of products and services to protect us from every cybersecurity threat from every dark corner of the World Wide Web. With everyone from the President to the small business owner prioritising cybersecurity, there should be a few good investing opportunities. We have picked our favourite.

 

New Stock

CrowdStrike is a cloud-native, AI-powered endpoint cybersecurity company. Their main offering is the CrowdStrike Falcon platform. This platform is a flexible one-stop-shop for all your cybersecurity needs. Customers have the option to choose their package and add all the required security modules including Next-Gen Antivirus, Threat Intelligence, Host Firewall Control, Endpoint Detection, Threat Hunting, Incident Response and many more. What differentiates CrowdStrike from legacy companies is their ability to harness the power of big data and AI by detecting new threats autonomously based on machine learning. They also established partnerships with big tech companies like Amazon and Microsoft. The integration of their products with these massive companies is key to their success.

CrowdStrike released earnings earlier this week and it was another flawless quarter. This company is firing on all cylinders with a plethora of opportunities ahead to continue to capitalise on. With the ever-increasing need for companies to create technologies that protect our digital world, the cybersecurity industry should thrive with a long secular tailwind. 

Bull Thesis: CrowdStrike will be one of the major beneficiaries of the ongoing transition in the cybersecurity industry from a signature-based, on-premise solution to a behaviour-based, cloud-enabled solution.


Portfolio Update Summary

  • Buy $500 CRWD at $161.93
  • Buy $250 CRM at $184.93
  • Buy $250 KLAC at $360.26



Disclosure

This article is not financial advice and is based on the opinion of the author.  This article is not a research report and is not intended to serve as the basis for any investment decision. All investments involve risk and the past performance of a security or financial product does not guarantee future returns. Investors have to conduct their own research before conducting any transaction. There is always the risk of losing parts or all of your money when you invest in securities or other financial products. The $20K in the Core Fund is not real money and only a demonstration of a typical portfolio. This is an actively managed portfolio, where we will buy and sell positions as we deem fit without any regard for taxation. Remember, all selling of stocks triggers a tax event in most countries and it is the investors personal responsibility to always remain tax compliant.


 


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