AI Stocks Leading Nasdaq Surge & Future Outlook
Sunday, 10 March 2024, 12:00
CrowdStrike Holdings: AI Innovation & Financial Strength
- CrowdStrike's financials impressively demonstrated by:
- Revenue: $845 million, up 33% from last year
- Annual recurring revenue: $3.4 billion, a 34% increase
- GAAP subscription gross margin: 78%
- Free cash flow: Increased to $283 million
- Co-founder George Kurtz's ambitious goal: $10 billion in annual recurring revenue by 2030
Amazon's AI-driven Growth & Financial Recovery
- Amazon: Leveraging AI through AWS & other segments for profitability
- Financials: Net income recovery in 2023 to over $30 billion
- Forward P/E ratio: 42, showcasing growth potential for investors
Microsoft: Consistent Growth Amid Diverse Business Ventures
- Microsoft: Key role in Nasdaq with a 58% stock increase in the past year
- Annual free cash flow: Over $67 billion
- Long-term earnings growth projection: Nearly 15%
Investors looking for stable growth and innovation in the AI sector should closely monitor these stocks for potential opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.