Jim Cramer Says He Would "Rather Own CrowdStrike" Than Okta

Okta, Inc. (NASDAQ:OKTA) is one of the stocks Jim Cramer shared his thoughts on. When a caller asked about the company during the lightning round, Cramer said:

“Okay, Okta. I like Okta, but I gotta tell you, I got the CrowdStrike down like 40 gazillion points today. I’d rather own CrowdStrike nine days ahead of when the Earth stood still from their outage.”

Okta (NASDAQ:OKTA) provides identity management solutions that secure user access across devices, applications, and systems. The company offers products such as Single Sign-On, Multi-Factor Authentication, API security, identity governance, and access control for both cloud and on-premises environments. During a June episode, Cramer said he wants to “own more Okta,” as he 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.”

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Disclosure: None. This article is originally published at Insider Monkey.