10 Best Debt Free Stocks to Buy Now

4. GitLab Inc. (NASDAQ:GTLB)

Number of Hedge Fund Holdings: 43

Market Capitalization as of January 31: $11.81 Billion

Enterprise Value: $10.89 Billion

GitLab Inc. (NASDAQ:GTLB) is a prominent DevOps platform that delivers comprehensive software development solutions for enterprises and developers. The company’s services facilitate project planning, source code management, and application monitoring to help streamline the development process. GitLab Inc. (NASDAQ:GTLB) generates revenue through subscriptions and by offering premium features tailored to the needs of large-scale teams.

GitLab Inc. (NASDAQ:GTLB) is leading the integration of AI into its DevSecOps platform with the introduction of GitLab Duo Pro and GitLab Duo Enterprise. These AI-driven tools are designed to boost developer productivity by automating repetitive tasks and offering real-time code assistance. A key innovation in this space is the company’s agentic AI which is aimed at creating autonomous agents capable of managing the entire software development lifecycle. This technology, known as GitLab Duo Workflow, is set to transform the industry by minimizing the time developers spend on routine tasks and allowing them to focus on high-value work.

GitLab Inc. (NASDAQ:GTLB) is also actively forming strategic alliances with hyperscalers such as AWS and system integrators. These partnerships are essential for broadening the company’s reach and ensuring that customers can seamlessly integrate its platform with other leading technologies. Recently, GitLab Inc. (NASDAQ:GTLB) announced a collaboration with AWS to provide a bundled solution featuring Amazon Q and GitLab Duo, enabling developers to create and deploy secure, high-quality code more efficiently on the AWS cloud.