Days ago, CrowdStrike (CRWD) created an absolute mess.

On Friday, July 19, 2024, a security update pushed by CrowdStrike caused a global tech outage, with millions of Windows devices malfunctioning. Some displayed the dreaded “blue screen of death—an error screen that indicated a system crash, says The Globe and Mail.

All of which sent CRWD shares from a hi9gh of $390 to less than $260.

However, with a good deal of chaos now priced in, it’s time to buy. Not only is the stock technically oversold, but according to the company, 97% of Windows sensors are now back online and working again. Even better, the crisis is becoming an opportunity.

In fact, according to KeyBanc analysts, as quoted by Barron’s, “Over the long term, customers will continue to prefer consolidation and will continue to hold CrowdStrike in high regard as one of the strongest cybersecurity vendors with one of the broadest, most cohesive platforms.”

Again, with the fear now priced in, use the crisis as a buying opportunity.