Ping Identity (PING) is the second growth pick we chose for our portfolio. It is wrongly thought of as a second-class player in the Identity Security space, which we believe has impacted its valuation. In contrast, we believe the company has a long growth runway due to its steady expansion with enterprises and due to its new product launches. We believe long-term growth and proven profitability should drive shareholder value creation over the long term.
About Ping
In the past, most corporations used firewalls and physical barriers to protect their applications from the