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OKTA
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41 days

Okta and 2 Other Software Stocks That Provide Shelter From Tariffs - Barron's

1. Tariffs threaten the market, yet software stocks remain resilient. 2. New tax bill boosts free cash flow for software firms like OKTA. 3. A weak dollar benefits software companies' overseas sales. 4. Analysts predict positive earnings for software stocks in Q2. 5. Software sector expected to grow 11.5% annually through 2027.

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FAQ

Why Bullish?

The positive tax changes and overseas sales benefits are expected to enhance OKTA's valuation and demand, recalling similar past earnings surges following favorable legislation.

How important is it?

The article highlights critical changes affecting software firms, and as a key player, OKTA will likely benefit significantly.

Why Long Term?

The long-term growth potential from software investments, especially AI, indicates a sustainable upward trajectory for OKTA.

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