Jim Cramer Says He Wants to “Own More Okta”

Okta, Inc. (NASDAQ:OKTA) is one of the 21 stocks on Jim Cramer’s radar. A caller asked if they should buy, sell, or hold the stock. Cramer commented:

“You buy Okta. Todd McKinnon is unbelievable. He came on the show. He said a lot of good things. I think that he’s being conservative. I want to own more Okta, but to be sure, I like CrowdStrike and I like Palo Alto. I think both of them have a little more game than Okta.”

A mobile application developer programming on a tablet, illustrating the power of the company’s adaptive multi-factor authentication.

Okta (NASDAQ:OKTA) provides a suite of identity and access management solutions that help organizations securely manage user authentication, access, and governance across applications, devices, and cloud environments. In April, Cramer called it “terrific,” as he said:

“I think Okta is terrific. It’s one of the greatest companies. I tell you, anybody who works there has a great time, and they have done remarkable things. And Todd McKinnon is terrific, and so is cybersecurity…. This one is a winner. I’m going to give you a twofer… CrowdStrike and Palo Alto Networks, they’re all terrific.”

While we acknowledge the potential of OKTA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.