CrowdStrike, a cybersecurity firm, has always been AI-based since its founding in 2011. Its solutions are used by 300 of the Fortune 500 companies. The market for AI-native cybersecurity solutions is projected to hit $250 billion by 2029.

Despite its high price-to-sales ratio, CrowdStrike remains a top AI stock for long-term investors due to the increasing demand for cybersecurity solutions and its leadership in the industry.

CrowdStrike’s AI-native platform, utilized by 300 of the Fortune 500 companies, estimates the total addressable market for its security platform this year at $116 billion, projected to reach $250 billion by 2029.

With cybersecurity becoming more crucial in a digitally connected world, CrowdStrike’s role as a key player in the industry is solidified by its widespread adoption and market growth potential.

Read more at Yahoo Finance: What Is One of the Smartest Artificial Intelligence (AI) Stocks to Buy Today?