The One Thing to Watch When Okta Reports Earnings

Curious about what you need to pay attention to when Real Money Stock of the Day Okta (OKTA) - Get Report reports earnings after the bell Wednesday.

Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS charitable trust, talked to TheStreet about what he's watching when Okta reports earnings.

Here's what Marks is watching.

"There's obviously these types of high flyers. They've been growing into their valuations of late. People have been, you know, sort of a cooling off in the group, so to speak. I think what you'll want to see from the company, if you are a shareholder, you're going to want to look for a really good sales beats, perhaps accelerating growth. That's really been kind of the key that is, that has helped these, these high flyers continue to go higher and higher and higher," said Marks.