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SailPoint (SAIL), the identity management software company based in Texas, has been a "sleeper" stock all year. While fellow security/identity related software names like Okta (OKTA) have blasted toward all-time highs on the back of strong billings and accelerated demand from remote workers, SailPoint has lagged behind the majority of the sector, partially due to its legacy of sales execution issues from last year.
Then in Q1 came SailPoint's turnaround. Revenue growth accelerated sharply, and the company started turning things around from an execution standpoint in spite of the onset of