Alight, Inc. (NYSE:ALIT) Gains Support as Expansion Efforts Take Shape

Alight, Inc. (NYSE:ALIT) is among the best dividend penny stocks to buy according to analysts. Deutsche Bank AG has increased its stake in Alight, Inc. (NYSE:ALIT) by 10.3% in the first quarter, according to its recent 13F filing with the SEC. With the purchase of an additional 172,919 shares, the firm now owns 1,855,854 shares of the company’s stock, valued at $11,005,000.

During its latest earnings call, the management highlighted its leadership position as a technology-enabled employee benefit services company. New deals, improved commercial execution, and steps toward expanded margins are among the many initiatives that Alight, Inc. (NYSE:ALIT) is taking to create a better tomorrow.

What’s quite noteworthy is the company’s partnership with Goldman Sachs Asset Management, which is an effort to enhance the company’s wealth offerings. This is what Guilmette calls “a significant revenue growth opportunity over the next few years.”

Alight, Inc. (NYSE:ALIT), headquartered in Illinois and founded in 2020, is a technology-enabled services company with global operations. The core offerings of the company include AI-led capabilities, software, and cloud-based employee engagement products, such as healthcare navigation, leave of absence management, and retiree healthcare.

While we acknowledge the potential of ALIT 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.

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