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Navan (NAVN, i) is currently my favorite among the generally penalized SaaS stocks. The company wants nothing to do with the so-called "SaaSpocalypse," showcasing impressive relative strength and a recent breakout to an all-time high. The cloud platform for business travel combines booking, payment processing, and expense management. Fragmented legacy systems are increasingly being replaced by modern AI systems. Engine manufacturer Cummins is the latest major customer, with over 60,000 employees across more than 60 countries. For the first time...
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