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When You Look Back In a Few Years, You’ll Wish You’d Bought This Cybersecurity AI Stock

Cybersecurity demand will likely explode, largely due to AI sophistication and cyber threats. Security provider Crowdstrike, which relies heavily on AI, specialises in protecting cyber endpoints. It has been delivering consistent profits, and revenue is up 35% YoY to a record-high $786m in Q3, with a total of $3.1bn in annual recurring revenue. Crowdstrike estimates a $100bn total addressable opportunity in 2024. With cybersecurity spending far behind the recommended level and cyberattacks increasing, investing in Crowdstrike now could be lucrative.

Source: www.fool.com –

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