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Rimini Street, Inc. (NASDAQ:RMNI) is one of the top multibagger penny stocks to buy, according to analysts. On August 13, Suntory, a global leader in beverages and food products, announced an expanded partnership with Rimini Street, Inc. to develop a new mobile wellness app called “Comado”.
Built by Rimini Consult, the gamified, points-based app will serve Suntory Wellness members and integrate with the company’s existing Oracle systems. Suntory first partnered with Rimini Street in 2021 for support services across Oracle Database, Technology, and Hyperion products, achieving 50% cost savings and freeing up its IT team for strategic initiatives.
Faced with a tight four-month deadline and limited internal bandwidth, Suntory relied on Rimini Street’s technical expertise to build development and QA environments while maintaining Oracle platform stability. Takuro Yamashita from Suntory Systems Technology praised Rimini’s flexibility and responsiveness, noting their willingness to align with Suntory’s timeline. The app marks a key step in Suntory’s broader push into the health and wellness sector.
Rimini Street, Inc. (NASDAQ:RMNI) is a global leader in enterprise software support and services, specializing in third-party solutions for Oracle, SAP, and VMware platforms. The company delivers comprehensive, cost-effective support that helps organizations optimize performance and extend the life of their software investments.
While we acknowledge the potential of RMNI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Top 10 Tech Stocks with Strong Return on Equity and 13 Best NYSE Penny Stocks to Invest in Now.
Disclosure: None. This article is originally published at Insider Monkey.
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