JFrog (FROG) is a provider of a software supply chain development platform that enables end-to-end lifecycle management of software development. The company has been benefiting from the secular digital enterprise transformation trend, which includes cloud migration as a key entry point. Despite temporary headwinds in the form of delayed enterprise cloud migration projects, the recent pullback to $37 provides a solid buy opportunity. FROG’s strong fundamentals, including decent revenue growth, significant operating cash flow expansion, and a solid liquidity position, support its upside potential.