The global cybersecurity market remains in focus, as news of cyber threat and hacked accounts grab headlines.

Endpoint security is among the largest and most durable markets for security spend, with expanding opportunities in XDR (extended detection and response) and other services, according to KeyBanc Capital Markets.

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Why Buy CrowdStrike Holdings? The Austin, Texas-based company is “well positioned to be a consolidator of security as the leading independent endpoint/XDR vendor with a dominant share of endpoint, outside of Microsoft (NASDAQ:MSFT), and a broad platform of 23+ modules,” Heath said.

CrowdStrike is poised for strong growth, driven by continued endpoint share gains from legacy vendors and the “penetration down-market,” as organizations adopt XDR and other security services, Heath explained.

The company could also benefit from “an expansion into cloud security, security analytics, managed services, identity, and outside of security into observability."

SentinelOne Vs. CrowdStrike: Mountain View, California-based SentinelOne should also become a consolidator of security in the long term, “given its broadening platform in cloud security, security analytics, managed services, identity and more,” Heath wrote.

CRWD, S Price Action: Shares of CrowdStrike had risen by 0.20% to $153.42, while SentinelOne’s stock had declined by 0.29% to $15.74 at the time of publishing Wednesday.

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