GitLab: Investor Pessimism Is Overdone, With Upside Potential Getting Larger

Luis Alvarez/DigitalVision via Getty Images Introduction & investment thesis GitLab (NASDAQ:GTLB) is a DevSecOps platform that helps companies reduce their software development cycle times and improve productivity. I upgraded the stock from a "hold" to a "buy" rating when I last covered it on March 17th, and my thesis was predicated on my belief that the post-Q4 earnings selloff had created a buying opportunity given the underlying strength in growing enterprise penetration and operating leverage. Unfortuna ...