Chris McMahon argues that this is the time for small caps and for U.S. equities. He focuses on Okta (OTKA) ahead of earnings, which falls around the mid-cap area he considers overlooked. He thinks there’s room to run in the stock and expects an earnings beat. Even if the stock takes a hit post-earnings, he is still targeting around $160/share by the end of the year.
Market On Close
27 May 2025
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