Alight, Inc. (NYSE:ALIT) is one of the 15 Best Technology Penny Stocks to Buy. On November 25, D.A. Davidson reiterated its Buy rating on Alight, Inc. (NYSE:ALIT) with a price target of $6.
In other news, Alight, Inc. (NYSE:ALIT) announced a leadership change. It said that Rohit Verma will become the new Chief Executive Officer (CEO) and join the Board of Directors starting January 1, 2026. Dave Guilmette will leave his roles as CEO and Board member on December 31, 2025.
According to the report by Alight, Inc. (NYSE:ALIT), Verma is currently the president and CEO of Crawford & Company. He also serves on its board. Crawford is known for providing claims management and outsourcing solutions to insurance companies and self-insured groups. While leading Crawford & Company, Verma led the company to four consecutive years of record revenue growth.
Verma brings strong expertise in finance, strategy, business operations, and mergers and acquisitions. His people-first leadership style focuses on client centricity and fits well with Alight, Inc.’s (NYSE:ALIT) focus on managing client and partner relationships and offering innovative benefits administration.
Alight, Inc. (NYSE:ALIT) is a leading cloud-based human capital technology and services provider. The company’s Alight Worklife platform helps organizations manage employee benefits like healthcare, payroll, and wellbeing.
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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Disclosure: None. This article is originally published at Insider Monkey.