We recently published a list of the 10 best stocks to buy and hold for the next decade. In this article, we'll take a look at CrowdStrike Holdings, Inc.'s position. (NASDAQ:CRWD) versus the other best stocks to buy and hold over the next decade.
Will nuclear energy make a comeback?
Nuclear plants continue to reopen, but the question is: Will global supply be able to meet the ever-increasing demand for clean energy? On October 1, Aniket Shah, global head of sustainability and transition strategy at Jefferies, appeared in an interview on Yahoo Finance to discuss his stance on the return of nuclear power amid the AI ​​boom.
Shah believes that the nuclear energy boom is not surprising. Looking back, the United States has for years signed important partnerships to boost nuclear energy supplies, suggesting that the value this sector holds is neither unknown nor recent.
He adds that big technology companies will act as key catalysts and will impact the entire market. These companies will invest millions and billions in nuclear energy, making the transition easier for other companies to follow. According to Shah, some of the key investment areas will be small modular reactors and nuclear fusion.
Shah also acknowledged that the United States has a bipartisan view on the nuclear boom, explaining why regulations and laws were passed in favor of nuclear power at very high speeds. As the building blocks of nuclear power come together, Shah remains concerned about implementation. It highlights that the United States does not have enough skilled labor and resources to make the nuclear energy boom a reality and must work extremely hard to make it happen.
Nuclear energy poised to grow amid artificial intelligence boom
One of the most opportunistic investment topics in 2024 is artificial intelligence, the other is electricity, both of which require a lot of power. The rise in energy demand, in turn, is pushing utility stocks. On October 4, Durgesh Chopra, managing director of Evercore ISI, appeared in an interview on Yahoo Finance to discuss how utilities can benefit from AI-driven energy demand.
Chopra highlights the biggest motivator for companies like Vistra and Constellation Energy is data centers' needs for a 24/7 source of clean energy. Therefore, nuclear companies must seize the opportunity and enter into long-term contracts to achieve future growth as quickly as possible.
There are several projects underway in the United States, adding up to approximately 1.5 gigawatts of power, making nuclear plants the next big thing in energy. On the other hand, balancing supply and demand will be a major challenge for companies.
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Despite the challenges, he believes the market is well positioned for growth in facilities. Utilities have not seen growth in demand over the past decade, but things are finally starting to change for this sector. Overall, as inflation declines, the sector may face significant tailwinds. Chopra also stressed that growth in this sector will yield results within five to seven years.
Our methodology
To come up with the 10 best stocks to buy and hold for the next decade, we reviewed several similar rankings and compiled a preliminary list of 20 stocks. We then ranked the top 10 based on their hedge fund sentiment at the end of Q2 2024.
Why are we interested in stocks that hedge funds accumulate? The reason is simple: Our research has shown that we can beat the market by imitating the best stock picks from the best hedge funds. Our quarterly newsletter strategy selects 14 small-cap and large-cap stocks each quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
Security personnel are at their consoles, monitoring a global network of threats in real time.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of hedge fund owners: 69
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a cybersecurity company that ranks 10th on our list of the best stocks to buy and hold over the next decade. The company provides a range of security products including identity management, threat intelligence, and threat detection.
The company serves more than 29,000 customers across multiple sectors including healthcare, retail, technology and government, such as Amazon and Google, underscoring its strong market position. Its original AI-driven cybersecurity platform, Falcon, is its core product. The company's cloud security segment generated revenue of $515 million, an increase of 80% year over year, in the second quarter of 2025.
Despite the July 19 incident, CrowdStrike Holdings, Inc. remained active. (NASDAQ:CRWD) is flexible and has demonstrated transparency and accountability to its clients. Annual recurring revenue for the second quarter of 2024 was $3.86 billion, up 32% year over year. While the company may face delays in closing deals in the second half of 2024, the deals will still be in progress.
In the past 40 days, the company has not only closed important partnerships, but also added innovations to its Falcon platform and expanded its CrowdStrike Marketplace to meet the growing demand for cybersecurity solutions. As our reliance on software increases, so does the need for cybersecurity, making CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is an important stakeholder now and in the years to come.
Analysts are bullish on CRWD and the average 12-month price target of $325, representing an upside of 11% from current levels. According to Insider Monkey's database, CRWD was held by 69 hedge funds at the end of Q2 2024 with total stakes of $3.01 billion.
Overall, CRWD ranks 10th among the 10 stocks to buy and hold over the next decade. While we recognize CRWD's potential as an investment, our conviction lies in the belief that AI stocks hold greater promise for higher returns, and to do so in a shorter time frame. If you're looking for an AI stock that is more promising than CRWD but is trading at less than 5 times its earnings, check out our roundup of the cheapest AI stock.
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Disclosure: None. This article was originally published on Insider Monkey.
