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Is Okta Stock a Buy?

TheMotleyFool

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Cybersecurity is a massive and increasingly vital industry. Businesses that help organizations defend against hackers, scammers, and cyberattacks are expected to generate $300 billion in annual sales by 2024, according to Global Market Insights, up from $120 billion in 2017.

One of the fastest-growing segments within this enormous market is known as IAAM, which stands for identity, authentication, and access management. And few businesses are better positioned to benefit from the surging demand for IAAM solutions than Okta (NASDAQ: OKTA).

Image source: Getty Images.

Source Fool.com

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