5 Best Software Stocks To Buy According To Billionaire Chase Coleman

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

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) is the eighth largest stock holding of Tiger management, accounting for 4.06% of the overall portfolio. Its share price appreciated 168% in the last twelve-month, driven by substantial growth in revenues. The company recently outlined its strategy of achieving $3 billion in annual revenues by 2025. CrowdStrike reported year-over-year revenue growth of 74% for the December quarter.

The best stock pickers were in a bullish mood. The number of long hedge fund bets went up by 21 lately. CrowdStrike was in 92 hedge funds’ portfolios at the end of December compared to the previous all-time high for this statistic of 78. Our calculations also showed that CRWD ranked 30th among the 30 most popular stocks among hedge funds.