CNBC Investing Club: Cramer’s Morning Take on CrowdStrike 8/27/26

**SPEAKER_1** (0:00)
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**SPEAKER_2** (0:27)
This episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Join host Keith Lansford for this information packed daily market preview delivered in 10 minutes or less, including projected stock updates, monetary policy decisions and key results and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com/marketupdatepodcast or find Schwab Market Update wherever you get your podcasts.

**Jim Cramer** (0:58)
Jim Cramer here to share a short preview of my take on the market from today's members only CNBC Investing Club morning meeting. Join the club for full access to the morning meeting every day at 1020 a.m. Visit cnbc.com/morningtake to sign up today. That's one word, morning take.

**SPEAKER_4** (1:19)
Why don't we get to another big mover, CrowdStrike, really healthy numbers here, revenue up 26 percent, EPS 31 cents versus 29 But the most important metric is net new ARR, annual recurrent revenue.

**Jim Cramer** (1:34)
He's always going to teach you that.

**SPEAKER_4** (1:35)
That was 330 million, up 51 percent year-over-year, beat estimates of 284 million, higher than the so-called whisper numbers too.
AI really accelerating their business in a post-Methos world. They explained the companies want to deploy AI, but they're being held back because of security compliance, privacy, data protection type issues. So you need to bring in CrowdStrike if you want to use more AI.

**Jim Cramer** (2:00)
I tell you, George is very compelling. And next week is their trade show.

**SPEAKER_4** (2:05)
Falcom.

**Jim Cramer** (2:05)
Yeah, and they're going to demonstrate a lot of what he was talking about, which is protecting you from the agents, and the agents go rogue, protecting the agents. It's a huge new business line. He's crushing it with it. I would still be a buyer of the stock.

**SPEAKER_4** (2:17)
Yeah, Falcom, that's their biggest pipeline generation event of the year. And Quilt Works, which is the coalition they formed to protect against Mithos, that is generating a healthy pipeline activity as well. And those comments, when asked about on the call, George was saying it's why he thinks this is going to be a durable period of strong demand.

**Jim Cramer** (2:40)
The penetration is surprisingly low of that company, of this company. You know, it's cloud native. There's still companies, 80% have not yet adopted the cloud, and instead of enterprise.

**SPEAKER_4** (2:51)
Yeah. And he's on Mad Money tonight. And we're seeing CrowdStrike play through into shares of Palo Alto Networks also today, which is up significantly in reaction to earnings. And then the biggest one of them all, maybe a shocker to some here, is Salesforce earnings plus an Anthropic partnership. Now, we said we'd give them this quarter.

**Jim Cramer** (3:15)
We said we'd give them this quarter. We had to see something. Mark Delivered, Mark Pennef I'm talking about, he's teaming up with someone who we thought might be trying to destroy him. I know that Dario was emphatic that Anthropic is not trying to destroy Mark. He's their partner. What I think, you know, you have a lot of people who are short the stock. There's a lot of analysts who really hate the stock. A lot of people got short here because the stock's action was bad.
It can go.
It's still very cheap. And I don't think it's done. I think you can go higher.

**SPEAKER_5** (3:48)
All opinions expressed by Jim Cramer on this podcast and in connection with the CNBC Investing Club are solely Cramer's opinions and do not reflect the opinions of CNBC or its parent company or affiliates, and may have been previously disseminated by Cramer on television, radio, internet or another medium. No specific outcome or profit is guaranteed in connection with or reliance upon or other use of the content from Cramer. The opinions offered in connection with this podcast and the CNBC Investing Club are not an attempt to induce any particular trading behavior, investment or strategy. To view the full CNBC Investing Club disclaimer, please visit cnbc.com/investingclubdisclaimer.

**SPEAKER_2** (4:20)
This episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Join host Keith Lansford for this information packed daily market preview delivered in 10 minutes or less, including projected stock updates, monetary policy decisions and key results and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com/marketupdatepodcast or find Schwab Market Update wherever you get your podcasts.