Cowen says Crowdstrike is a top pick in cybersecurity, sees double-digit growth

CrowdStrike's initial public offering at the Nasdaq on June 12, 2019.
Source: Nasdaq

Crowdstrike is one of the best ways for investors to play the booming cybersecurity industry, according to investment firm Cowen.

Analyst Shaul Eyal initiated coverage of the sector on Thursday and named Crowdstrike one of the top picks. He said the company is set up for double-digit growth in the years ahead with strong underlying fundamentals.