13 High Growth Large Cap Stocks To Invest In

3. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 77

Average 5-Year Revenue Growth: 60.89%

CrowdStrike Holdings, Inc. (NASDAQ:CRWD), headquartered in Austin, Texas, is a cybersecurity company that enables businesses to protect their data, devices, and cloud systems. Its subscription-based Falcon platform provides advanced security, ranging from endpoint protection to AI-powered threat detection. It is one of the best high growth stocks to monitor. On March 6, CrowdStrike collaborated with Arrow Electronics to bring its Falcon cybersecurity platform to more businesses in the United States and Canada. This partnership makes it easier for Arrow’s resellers and service providers to offer AI-powered security solutions, helping companies manage their security systems and close protection gaps.

In Q4 2024, CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s revenue reached $1.06 billion, up 25% from the prior year quarter, with subscription revenue growing 27% to $1.01 billion. GAAP subscription gross margin came in at 77%, while non-GAAP stayed steady at 80%. Operating cash flow stood at $345.7 million, just slightly below last year, and free cash flow dipped to $239.8 million. By the end of the quarter, the company had $4.32 billion in cash and equivalents. In 2024, CrowdStrike became the first cloud-native cybersecurity ISV to achieve $1 billion in AWS Marketplace sales, won AWS 2024 Global Security Partner of the Year, and expanded partnerships with AWS and Oracle Cloud.

According to Insider Monkey’s Q4 data, 77 hedge funds were bullish on CrowdStrike Holdings, Inc. (NASDAQ:CRWD), compared to 74 funds in the prior quarter. Tiger Global Management was one of the top stakeholders of the company, with a position worth $308 million.