Why Workday, Zulily, and Noah Holdings Soared Today

Stocks finally overcame their hesitation as the S&P 500 soared to a new all-time record high, and some big moves from these three companies helped set the positive mood among investors. Find out more about what made these stocks soar.

Feb 27, 2014 at 8:01PM

After two days in which stocks rose early in the day but fell back by the close, the S&P 500 finally advanced to a new all-time record high Thursday, with major market benchmarks finishing up about half a percent. Positive comments from Fed chair Janet Yellen helped give investors confidence about the weak economic data that has hit the news lately, and strong performance from Workday (NYSE:WDAY), Zulily (NASDAQ:ZU), and Noah Holdings (NYSE:NOAH) helped set the tone for today's record gains.

Workday climbed 15% after the cloud-based human-resources and enterprise software specialist reported strong revenue growth of 74% and a narrower-than-expected loss last night. In an industry that has long been dominated by Oracle (NYSE:ORCL) and SAP, Workday's success even as a small competitor has investors excited about its ability to lure even the largest business customers to its offerings. With so much growth ahead of it, Workday's share-price gains today could just be the beginning for the company. Analysts at FBR Capital Markets agreed with the positive assessment, upgrading the stock today and expressing optimism about Workday's future.

For Zulily, today's 18% gain was just the latest in a series of upward movements, with Tuesday's 36% jump coming after the online daily deal company saw revenue double and net income more than triple. What's particularly surprising is the fact that investors apparently have faith that Zulily won't duplicate Groupon's (NASDAQ:GRPN) experience in daily deals, even though it's hard to see durable barriers to entry that give Zulily a lasting competitive advantage over any other company that comes into the space.

Noah Holdings rose 16% after the wealth-management company for China's elite posted 81% higher revenue on net income that more than doubled. The company doesn't expect that torrid pace to continue forever, but even more modest guidance for 27% to 34% growth in adjusted earnings per share was enough to make investors optimistic about Noah's future. The primary threat to Noah's success is the risk of a reversal of fortune in what many have called an overheating real-estate market in China, but if the company has advocated a diversified investment strategy for its clients, then even a Chinese implosion might not hurt Noah's prospects going forward.

Find more high-flying stocks
The search for the best stocks is tough one. But David Gardner has found them time, and time, and time again with stock returns like 926%, 2,239%, and 4,371%. In fact, just recently one of his favorite stocks became a 100-bagger. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.

Dan Caplinger has no position in any stocks mentioned. The Motley Fool owns shares of Oracle. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

1 Key Step to Get Rich

Our mission at The Motley Fool is to help the world invest better. Whether that’s helping people overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we can help.

Feb 1, 2016 at 4:54PM

To be perfectly clear, this is not a get-rich action that my Foolish colleagues and I came up with. But we wouldn't argue with the approach.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich" rated The Motley Fool as the #1 place online to get smarter about investing.

"The Motley Fool aims to build a strong investment community, which it does by providing a variety of resources: the website, books, a newspaper column, a radio [show], and [newsletters]," wrote (the clearly insightful and talented) money reporter Kathleen Elkins. "This site has something for every type of investor, from basic lessons for beginners to investing commentary on mutual funds, stock sectors, and value for the more advanced."

Our mission at The Motley Fool is to help the world invest better, so it's nice to receive that kind of recognition. It lets us know we're doing our job.

Whether that's helping the entirely uninitiated overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we want to provide our readers with a boost to the next step on their journey to financial independence.

Articles and beyond

As Business Insider wrote, there are a number of resources available from the Fool for investors of all levels and styles.

In addition to the dozens of free articles we publish every day on our website, I want to highlight two must-see spots in your tour of fool.com.

For the beginning investor

Investing can seem like a Big Deal to those who have yet to buy their first stock. Many investment professionals try to infuse the conversation with jargon in order to deter individual investors from tackling it on their own (and to justify their often sky-high fees).

But the individual investor can beat the market. The real secret to investing is that it doesn't take tons of money, endless hours, or super-secret formulas that only experts possess.

That's why we created a best-selling guide that walks investors-to-be through everything they need to know to get started. And because we're so dedicated to our mission, we've made that available for free.

If you're just starting out (or want to help out someone who is), go to www.fool.com/beginners, drop in your email address, and you'll be able to instantly access the quick-read guide ... for free.

For the listener

Whether it's on the stationary exercise bike or during my daily commute, I spend a lot of time going nowhere. But I've found a way to make that time benefit me.

The Motley Fool offers five podcasts that I refer to as "binge-worthy financial information."

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. It's also featured on several dozen radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable ... and I don't say that simply because the hosts all sit within a Nerf-gun shot of my desk. Rule Breaker Investing and Answers contain timeless advice, so you might want to go back to the beginning with those. The other three take their cues from the market, so you'll want to listen to the most recent first. All are available at www.fool.com/podcasts.

But wait, there's more

The book and the podcasts – both free ... both awesome – also come with an ongoing benefit. If you download the book, or if you enter your email address in the magical box at the podcasts page, you'll get ongoing market coverage sent straight to your inbox.

Investor Insights is valuable and enjoyable coverage of everything from macroeconomic events to investing strategies to our analyst's travels around the world to find the next big thing. Also free.

Get the book. Listen to a podcast. Sign up for Investor Insights. I'm not saying that any of those things will make you rich ... but Business Insider seems to think so.

Compare Brokers