From Nasdaq:



Workday, Inc. (WDAY) has seen a 63.1% increase in shares year to date due to improved market demand for its enterprise software solutions. The company’s flexible business model and solid cash flow have contributed to this growth, with earnings estimates also showing strong potential. Workday’s software solutions for financial management and human resource domains have been driving its revenues, with the company’s cloud-based platform proving beneficial for organizations. Workday’s growing product portfolio, global market reach, and solid demand trends indicate strong growth prospects for the company. It has also raised its guidance for subscription revenues for fiscal 2024, and is focused on higher investments in key industries and innovation efforts to expand its footprint. The company’s long-term earnings growth expectation is at 26.5%, and it has a VGM Score of B. Other key picks in the market include United States Cellular Corporation (USM), InterDigital, Inc. (IDCC), and Arista Networks, Inc. (ANET), all of which show strong growth potential and favorable market positions.



Original: Workday (WDAY) Soars 63% YTD: Is There More Room to Run?