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No. of Recommendations: 1
Hot off the press this am:

What is Okta?

Okta (pronounced Ahk-ta), defines itself as the leading independent provider of identity security for enterprise. In plain English, the company makes products that enable users to securely connect to the platforms, websites, and devices they need to conduct their business. With its central product, the Okta Identity Cloud, the company handles things like password protection and connectivity so executives, employees, and customers can stay seamlessly connected and integrated, saving organizations time and money.

Okta pioneered identity in the cloud, and was named a leader by both Gartner and Forrester Research for Access Management and IDaaS (Identity as a Service). Among its customers are JetBlue, 20th Century Fox, and Linkedin.

Since its IPO last April, the stock has gained 81%, with revenue jumping 62% last year as the company recruited new customers and expanded it relationship with existing ones.

That word "security" leaves a recent bad taste in many investors mouths with many disappointing returns from the likes of Fireye, etc.

What should we know about Okta.....its TAM, its competitors, etc.?

Already a $4 Billion market cap with P/S of around 16 and TTM revenue of around $260 million.

Here are the recent earnings slides:

It has really run hard since that breakout at $31:

If it retraced, that would be the better entry IMO.

Any initial thoughts?

For example, why are they are guiding 2019 for only 34% growth vs this years 62%.....why the deceleration?
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