![]() The company's acquisition of Auth0, which closed in February 2022, is another long-term game changer. Okta is genuinely just scratching the surface with its potential. But in 2022, the company's keynote presentation pointed to an $80 billion addressable market in identity verification. ![]() 31, 2024), Okta was expected to have brought in a little over $2.2 billion in sales. Though Okta's recent breach suggests more evolution is needed, the future and functionality for its AI-driven identity verification systems remains bright. AI- and ML-focused platforms are designed to become more efficient at recognizing and responding to potential threats over time. What makes Okta such an intriguing investment is its cloud-native, artificial intelligence (AI)- and machine learning (ML)-driven identity verification platform. In the wake of the pandemic, reliance on third-party cybersecurity providers like Okta has only grown. Any business that has an online or cloud-based presence requires protection from robots and hackers that don't take a day off. On the flip side, cybersecurity has evolved into a basic necessity. It's not uncommon for security breaches to adversely impact revenue growth for cybersecurity companies over the short run. It would later admit that this breach affected all of its customers. Shares of Okta were put through the ringer in October after the company disclosed that its identity verification platform had been hit by hackers. OktaĪ second no-brainer stock that's begging to be bought by patient, growth-seeking investors is cybersecurity company Okta (NASDAQ: OKTA). Both represent roughly 10% discounts to the company's trailing-five-year averages. Shares can be scooped up right now for less than 10 times forward-year earnings and below 7 times forward-year cash flow. ![]() These ventures, which are predominantly focused on expanding its natural gas liquids exposure, should be accretive to the company's bottom line.Īside from its market-topping yield, Enterprise Products Partners offers incredible value in what could be considered a pricey market. Speaking of organic projects, Enterprise Products Partners has up to $6.8 billion invested in nearly one dozen major infrastructure projects that are expected to come on line between the first quarter of this year and the first half of 2026. Having cash-flow transparency gives management the confidence to spend capital on acquisitions and organic projects without having to worry about adversely impacting the company's ever-growing distribution. Approximately three-quarters of the company's gross operating margin is derived from long-term, fixed-fee contracts. What makes Enterprise such a safe investment, regardless of how volatile the spot price is for energy commodities, is the structure of its contracts with upstream drillers. It's a midstream energy company that acts as a middleman for upstream drillers, and it's responsible for transporting and storing petroleum and refined products. However, Enterprise Products Partners isn't your typical energy stock. This isn't a memory that energy sector investors have forgotten. During the COVID-19 pandemic, demand for energy commodities fell off a cliff and sent the spot price of crude oil and natural gas tumbling. Enterprise is doling out an inflation-crushing 7.6% dividend yield and has raised its base annual distribution for 25 consecutive years.Īdmittedly, oil and gas stocks aren't going to be everyone's cup of tea. The first genius stock to buy if you have $600 in capital to put to work is energy specialist Enterprise Products Partners (NYSE: EPD). © 2024 NYP Holdings, Inc.If you have $600 that's ready to invest, and you're absolutely certain this isn't cash you're going to need to cover bills or emergency expenses, the following three stocks stand out as no-brainer buys right now. If locals spot a bear, which can weigh from 330 to 550 pounds and stand over 6.5 feet tall, they are asked to keep calm and call the rangers’ 24-hour phone line for assistance. Their mission is to keep the endangered ursines secure and healthy, while enabling human residents to coexist with them. The regional government of Castile and Leon arranged for the patrol, which consists of nine rangers, to guard residents and their crops in the mining town of Villablino and the surrounding area, in the province of Palencia, according to a report. Spain’s Iberian brown bear population, which was once almost extinct, has made such a strong recovery that a ranger patrol was set up to deter them from roaming into small villages in the country’s north. ![]() Spain sets up ranger patrol to protect villages from massive bears that were once nearly extinct Former restaurateur crafts custom teddy bears for the grieving using personal, sentimental fabricsīear seen in ‘entertaining’ video trying to break into Washington home through doggie door: ‘A little worried’
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |