Singular Journal - Securities house

Stocks to watch | March 2023

Artificial Intelligence at work

We share 3 companies that have caught our attention not only for their reputation and management, but also for their integration of artificial intelligence in their programs. Different conjunctural aspects could generate that companies with competitive advantages could be benefited in the medium term by a fair valuation from the market.

  • Okta Inc
  • OKTA
  • USA
  • IT
  • USD
Buy 60.47% Hold 27.91% Sell 11.63% 0 ESG Score* 0 Price 0 52 Week High 0 52 Week Low

Founded in 1999 and headquartered in Hangzhou, China. Led by Jack Ma, one of the world's richest entrepreneurs, the company is known as "the Amazon of Asia", providing technology infrastructure and marketing reach to help merchants, brands, retailers and businesses interact with their users and customers around the world.

The company operates through seven segments: China Trade, International Trade, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Its market capitalization is around USD 315B and it has almost 250,000 full-time employees, making it a direct and indirect job creation force and a segment competitor to be reckoned with.

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