Reported 2 days ago
Alight Inc. (NYSE:ALIT), a notable AI stock under $5, is focusing on diversifying its revenue by shifting towards employee benefits services post divestiture from payroll and professional services. At a recent conference, the company expressed optimism for a 4% to 6% growth target, supported by strategic partnerships with firms like Goldman Sachs, Microsoft, and IBM. Enhancing AI integration in its offerings, Alight aims to improve employee experience while increasing revenue retention from 93.5% to 98%.
Source: YAHOO