Okta, Inc. (OKTA) Is A “Remarkable Company,” Says Jim Cramer
From Yahoo Finance: 2025-06-13 16:51:00
Jim Cramer discussed Okta, Inc. (NASDAQ:OKTA) in relation to other stocks. Despite a 16% drop in May, Okta’s shares are up 32% year-to-date. The firm beat analyst estimates with 86 cents in earnings and $688 million in revenue. Cramer praised Okta as a strong cybersecurity company and a winner in the AI sector.
Okta, Inc. (NASDAQ:OKTA) is a top pick among stocks discussed by Jim Cramer. The firm’s cybersecurity sector is favored due to AI-induced demand and insulation to tariffs. Cramer highlighted Okta’s remarkable performance and leadership in cybersecurity, along with other companies like CrowdStrike and Palo Alto Networks.
Despite its strong position, Okta, Inc. (NASDAQ:OKTA) faces competition from other AI stocks with potentially greater upside. While Okta remains a solid investment, other AI options may offer better returns with less risk. Investors seeking undervalued AI stocks should explore opportunities beyond Okta.
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