5 Best Small Cap AI Stocks to Invest In

Page 5 of 5

1. Freshworks Inc. (NASDAQ:FRSH)

Number of Hedge Fund Holders: 27

Freshworks Inc. (NASDAQ:FRSH) is a SaaS platform that allows small and medium-sized companies to help customers through e-mail, phone, website, and social media. The business provides solutions to use popular social media for customer care, multi-product support, a knowledge library, a self-service portal, community forums, and more. The worldwide operations of Freshworks Inc. (NASDAQ:FRSH) serve more than 58,000 clients.

Markets that Freshworks Inc. (NASDAQ:FRSH) competes in are quite cutthroat. When comparing its performance to its rivals, Freshworks Inc. (NASDAQ:FRSH) reported a 33.27% year-over-year growth in total revenue during the third quarter of 2022. The sales increase outpaced the same-quarter 11.78% average revenue growth of Freshworks Inc’s rivals. Due to a significant increase in overall revenue of 33.27%, Freshworks Inc. (NASDAQ:FRSH) increased its market share to around 0.05%.

Follow Freshworks Inc.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get  the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on 12 Best Affordable Stocks to Buy Under $5 and 14 Best Agriculture Stocks to Buy Now.

Page 5 of 5