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Okta (OKTA) is well positioned as a specialist in identity and access management to meet the new demands of the AI cybersecurity era, and is one of my industry favorites for new long maneuvers. I believe that Okta, with a P/S ratio of 7.8 and a P/E ratio of 37.2, offers an attractive valuation compared to the industry. According to Okta CEO Todd McKinnon, securing AI agents creates the largest demand pipeline for new products in the company's history. "Okta for AI Agents" has been available since the end of April to securely connect AI agents to...
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