At first sight, Workday (NYSE: WDAY), up 46% in the past six months, looks like yet another IT company in the cloud business. But this isn't your typical cloud company.
To begin with, it does not sell cloud space and apps to web developers, like Amazon Web Services. Workday sells cloud-based apps for human capital management (HCM) to Fortune 500 companies. This is a segment that historically belonged to more »
Do investors have their heads in the clouds or is their logic grounded in good statistics? It appears to be the latter, as a June Information Week survey stated that 60% of respondents are using or considering using a cloud app platform, up from 52%. This is a very bullish sign for Salesforce.com (NYSE: CRM) which offers those services through its Heroku and Force.com websites.
46% of respondents more »
What is causing the stock price of cloud company Workday (NYSE: WDAY) to raise so fast, up 46% in the past 6 months? At first sight, Workday honestly just looks like yet another IT company in the cloud business. Yet Workday isn't your typical cloud company. For starters, it does not sell cloud space and apps to web developers, like Amazon Web Services. Cloud space for the web is more »
The demand for cloud-based applications has been on the rise, as it has become preferred over on-premises installations due to its cost effectiveness. Currently, about 10% of the total Enterprise Resource Planning (ERP) solutions are SaaS based, and the demand for SaaS-based ERP solutions is increasing at a rapid pace. This gives a huge market potential for the companies in this industry to expand their SaaS based solutions.
About WorkDay more »
There are two fatal mistakes that you could make with a high flying growth stock. One of the mistakes is that future growth prospects are over-rated; another mistake is that the company does not have the ability to fend off competition from competitors also seeking to participate in this growth. You are not making the same two mistakes with this stock. Listed in June, Textura (NYSE: TXTR) is a provider more »
On Friday we saw several stock-moving upgrades in preparation of a long week of earnings; here are four that really caught my eye. These are upgrades that I would definitely ignore.
The best of the worst
After a 64% one-year loss, Molycorp (NYSE: MCP) has gained 22% over the last month, and much of those gains have been caused by analyst upgrades. Byron Capital likes Molycorp; his “Strong Buy” rating more »
While increasing mobile Internet use is a very public technology shift, the other big change is the corporate swing toward cloud computing.
A Rough Quarter
Oracle's results missed Wall Street estimates for the second more »
On a day-to-day basis, there are countless analyst calls – some of which are good and others that are bad – and in this piece, I am looking at three in particular to determine if any are good and present value for investors.
A “responsible” call of caution
In my last article on tech behemoth Oracle (NYSE: ORCL), I had stated that merely blaming the company’s sales staff for its poor third quarter performance (when the results missed analyst expectations by a wide margin) was not the true picture as presented by the company’s management. And it seems like my words have come true as revenue came in below Street expectations as part of the company more »
In every family, there are two types that tend to disagree at the kitchen table. Think of one as the young professional who loves to brag about the new software company (aka toy) that he just made. The other is the aging grandfather who has a scorn for new-fangled technology and still cherishes the old days.
In fact, grandpa probably scoffs at tablets and boasts about how he still uses more »
In technology today, it's important to keep the revenues coming in. It's imperative to provide growth and shareholder value. But sometimes, it seems like there are always a few companies who can keep spending with abandon. This all while their bottom lines and other financials look horrendous.
Today, we're going to go through a few examples of this to understand why companies might do this from a more »
The Motley Fool CAPS is a place where you can test your wits against fellow retail and professional investors. I began playing in the fourth quarter of 2012 and already have a player rating of 96.49 with a score of 1,174.79.
The player rating indicates how you compare against fellow players and the score is a tally of every percentage point where your selection outperforms its benchmark more »
We all remember the infamous Facebook (NASDAQ: FB) IPO. It was heralded as a can’t miss offering -- the most anticipated IPO in decades, perhaps ever. Yet, instead of a 30% pop on its IPO, the stock closed flat, and even temporarily traded lower.
Facebook is the quintessential example of a bad IPO. Not only is the stock currently trading at half of its IPO high, but trading more »
In my recent article about Workday (NYSE: WDAY), I pointed out that the company has a huge number of shares that are authorized for issue. The company did not wait long before taking advantage of that. Workday has announced that it proposes to offer $220 million of convertible senior notes due 2018 and $220 million of convertible senior notes due 2020. Later, the company increased the size of the first more »
Workday (NYSE: WDAY), a company that provides cloud-based applications for enterprises, has recently reported its quarterly earnings. The company has reported a net loss of $0.15 per share, while analysts were expecting a loss of $0.18 per share. Total quarterly revenue was $91.6 million, up 61% year-over-year. The stock is up 37% since the day it began to trade on the NYSE. Stocks that rise, despite posting more »
Several high-growth companies operate within the cloud – particularly in the Software as a Service (SaaS) business. This cutting-edge industry provides technology to customers via low-cost business solutions hosted on remote servers. This fast-growing and exciting space demands the largest of valuations -- but before you buy, you may want to compare two of its more exciting companies.
A Look At Two “Market Leaders”
Take a close look at the following chart more »
Last week I published an article that looked at the outlook for the top five post-IPO performers of the last year. However, numbers 2-10 are very close in terms of performance, thus I am looking at numbers 6-10 to determine their outlook moving forward.
#10 Intercept Pharmaceuticals (NASDAQ: ICPT)
Intercept has rallied 121.47% since its IPO price, yet has traded with a loss of 3% in 2013. The company more »
Informatica (NASDAQ: INFA), the world’s leading data integration software vendor, recently announced its Q1 financial results. The company reported revenue of $214.3 million including software revenues of $88 million, up 9% year-over-year. On the earnings front, the company reported GAAP EPS of $0.16 and non-GAAP EPS of $0.31. Informatica’s chairman and CEO Sohaib Abbasi said:
Our first quarter 2013 results highlight the growing customer demand more »
Investors should not be fully invested. The market substantially increased in value. There could be a seven to twenty percent market decline in the next three months. Cautiously bullish is the appropriate investment stance.
Here are five stock picks for the following five investing themes.
- Quantitative easing should lead to higher inflation in the short to medium term.
- Technology firms are innovating in cloud computing, social enterprise, mobile, and more »
You could make the case that while Workday (NYSE: WDAY) likes to operate under the radar, investors are starting to pay attention. Since its initial public offering back in October, the price has gone up 28%. That's a steady increase. But it leads one to wonder if Workday, in its current $60 price range, is a bit overvalued.
The company is getting more institutional investor interest. InsiderMonkey reports that more »
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