Asana: Second Half May Bring The Acceleration
ASANAsana(ASAN) Seeking Alpha·2024-07-31 11:57

Kimberly White Asana (NYSE:ASAN) is one of the few tech stocks which still trades around the same levels as the 2022 tech crash. The company has seen growth disappear as customers sought to limit IT expenses amidst the higher interest rate environment and rise of generative AI. Management believes that they are seeing encouraging signs of a reversal, making ASAN a unique software business with high torque to an improving macro environment. The company has a net cash balance sheet and management expects to g ...