Atlassian Corporation (NASDAQ:TEAM) is one of the Most Promising Stocks to Invest In Before They Take Off. On February 18, Reuters reported that Atlassian Corporation (NASDAQ:TEAM), which is known for its tools such as Jira and Confluence, appointed James Chuong as its new CFO.
James Chuong will replace Joe Binz on March 30. Earlier in October, the company pointed towards Joe Binz’s retirement to focus on his personal matters. Management highlighted that James Chuong brings 10 years of experience serving as LinkedIn’s finance chief. Previously, Chuong has also worked as an investment banker at J.P. Morgan, Citigroup, and Bank of America Securities.
Management noted that Choung will be leading the company’s finance and legal teams, which is critical for Atlassian Corporation (NASDAQ:TEAM), considering its $4 billion+ annual revenue.
Source: Pexels.com
Atlassian Corporation (NASDAQ:TEAM) delivers collaboration, project management, and IT service tools that help enterprises in integrating their teams through a subscription-based model. Some of its offerings include Jira, Confluence, Trello, and Loom. The company covers a broad set of solutions such as project management, document sharing, video communication tools, service management, and Chat & Agent capabilities.
While we acknowledge the potential of TEAM 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.