Cramer's Morning Take: CrowdStrike 6/6/25

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Jim Cramer (1:04)

Hey, it's Cramer, and this is my morning take on the market from today's CNBC Investing Club morning meeting.

Jeff Marks (1:10)

What about CrowdStrike? There was a downgrade here over at Berenstein. So we're seeing another valuation call. They're saying the stock is expensive. CrowdStrike, by the way...

Jim Cramer (1:19)

It is one of the five most expensive stocks in the market.

Jeff Marks (1:21)

Sure. It's been involved a week, still up on the week. They think investors have crowded into cybersecurity for safety, which, I mean, look, we've been pointing out it's the most resilient category within IT. But interestingly, I thought they said the... This was interesting, Palo Alto could be an alternative to consider, that is more upside to their price target. So this kind of goes into why we like both stocks, right? They're both in the portfolio.

Jim Cramer (1:47)

I mean, I talked to George this week, George Chris, and I felt coming away both on camera and off camera, this Justice Department thing has been vetted many, many times. I didn't think it could happen. But here's what I really want to emphasize. He is now very excited about annualizing what happened, putting that past, and beginning to get deals that he made where they didn't make a lot of money in front that are now going to be annual recurring revenue. And you're going to see, I think, an explosion in business in the fourth quarter. So don't get out of it now.

Start your day with my outlook on the market every morning. Visit cnbc.com/morningtake to become a CNBC Investing Club member at a special rate today.

Ryan Reynolds (2:38)

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, NBC Universal or their 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 your 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. You should be aware of the risk of loss and following any strategy or investment discussed in the content from Cramer. To view the full CNBC Investing Club Disclaimer, please visit cnbc.com/investingclubdisclaimer.

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