Workday Inc Represents a Long-Term Opportunity Technology stocks have been stars recently, with the Nasdaq staging an impressive 1,700-point (15.5%) bounce after trading at 11,005 on July 14. The return to the risk-on trade has triggered strong buying across the beaten-down technology space. Cloud software stocks, which were…
Workday Stock Still 30% Below Analysts' Top 2019 Forecast Workday Inc (NASDAQ:WDAY) has been bullish since reporting strong third-quarter results at the end of November 2018, essentially shaking off the market-wide meltdown in December. Workday stock has also essentially erased any losses that occurred during the broad-based slip…
3 Ignored Tech Stocks With Great Momentum After a dismal 2018 fourth quarter, when the markets sold off in October and witnessed a meltdown in December, the major stock indices have performed well so far in 2019. In fact, the markets posted the best January for stocks in…
WDAY Stock: This Is Why Backtests Are an Optimal Time to Enter a Position They say the most difficult part of investing is trying to time the markets. From an investor's standpoint, we always want to pay the least when acquiring a position in a stock and receive…
WDAY Stock: An Epic Move Is Still in Development Today's focus is Workday Inc (NASDAQ:WDAY) stock, and I am returning to provide a bullish update. The last time I covered Workday Inc was on July 10, in a report titled "Workday Stock Is All Set for That Epic Move…
WDAY Stock: Coinciding Levels of Price Support Are No Coincidence I am returning to focus on Workday Inc (NASDAQ:WDAY) because there have been some new developments that need to be addressed. If you didn’t have a chance to catch it, my January 22 report titled "Workday Stock on the Verge…
WDAY Stock: One Last Hurdle to Clear The current market environment reminds me of when I first started investing, around 1998. At that time, speculation was running rampant, and a popular topic of conversation among my peers was technology and dotcom stocks. Those were the times, and the…
WDAY Stock: Constructive Developments I am providing an update on Workday Inc (NYSE:WDAY) stock because the price action that followed my previous publication has become constructive, and a resolution of this constructive price action will indicate which direction WDAY stock is heading in next. My last update on Workday…
WDAY Stock: Establishing Support It has only been a couple of weeks since I published a report on Workday Inc (NYSE:WDAY) stock, but there have been some significant developments that need to be addressed. There was a swift sell-off that occurred last week that saw the Nasdaq index drop by…
WDAY Stock: 2017 Is Set to Be a Banner Year Workday Inc (NYSE: WDAY) announced earnings on June 1, 2017, and the initial response was negative as exceptions were high going into this quarter. This caused the share price to sell off by a little more than two percent. This…
What’s Next for WDAY Stock? Workday Inc (NYSE:WDAY) stock is packed into a crowded corner of the technology sector, yet it still manages to outperform expectations. Among other reasons, the firm’s willingness to throw a couple of elbows turned me bullish on Workday stock. The business software company…