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Pegasystems Inc. (NASDAQ:PEGA) is one of the undervalued stocks to buy according to the Wall Street. On June 8, Pegasystems announced that its Pega Blueprint AI application design agent will integrate with Amazon Web Services/AWS Transform. This partnership is designed to help organizations rapidly modernize aging mainframe applications by extracting and ******* yzing legacy COBOL code to reimagine it as cloud-native, agentic applications.
The integration combines AWS Transform's ability to ******* yze and document complex COBOL code with Pega Blueprint AI's generative capabilities. By ingesting technical data and industry best practices, the platform autonomously generates future-state application designs, allowing businesses to replace outdated workflows without losing critical business logic or data structures.
This solution aims to accelerate digital transformation by reducing the manual labor and time typically required for mainframe off-ramps. By providing a seamless, iterative experience, the platform enables enterprises to build reliable and agile digital foundations that are better suited for the modern AI economy.
Pegasystems Inc. (NASDAQ:PEGA) develops, markets, licenses, and supports software that enables organizations to deploy, build, and change enterprise applications.
While we acknowledge the potential of PEGA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
1 month ago

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