16 Best New Tech Stocks With Huge Upside Potential

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12. SailPoint Inc. (NASDAQ:SAIL)

Number of Hedge Fund Holders: 41

Average Upside Potential as of July 10: 29.06%

SailPoint Inc. (NASDAQ:SAIL) is one of the best new tech stocks with huge upside potential. On July 8, SailPoint announced that its Data Access Security product, which is integrated within the SailPoint Identity Security Cloud, has achieved Federal Risk and Authorization Management Program/FedRAMP Moderate authorization.

This authorization enables federal agencies, the defense industrial base, and other companies with federal contracts to access an integrated data access security solution designed to protect critical data within distributed workforces.

SailPoint Data Access Security is now available on AWS GovCloud and is authorized at the FedRAMP Moderate impact level. It aligns with key Federal Identity, Credential, and Access Management & NIST Cybersecurity Framework requirements. The FedRAMP-authorized SailPoint Identity Security Cloud is a SaaS-based solution that forms the foundation for zero trust by providing visibility and control over access to applications, systems, and sensitive data.

SailPoint Inc. (NASDAQ:SAIL) delivers solutions to enable identity security for the enterprise in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

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