Please ensure Javascript is enabled for purposes of website accessibility

Salesforce vs. Workday: Which Is the Better Buy?

By Brian Withers – Oct 7, 2021 at 7:45AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Both software-as-a-service players have strong past growth and bright futures.

Two tech companies focused on helping other companies succeed -- (CRM -1.66%) and Workday (WDAY 0.89%) -- have both crushed their latest earnings reports as other businesses increasingly have need for their cloud-based services.

In this episode of "Beat & Raise" on Motley Fool Liverecorded on Sept. 27, contributor Brian Withers talks about how they've both seen explosive growth and what makes Workday work.

10 stocks we like better than Workday
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now... and Workday wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks


*Stock Advisor returns as of September 17, 2021


Brian Withers: So we've got about five minutes left. Bhanu has a couple of questions, I guess, [laughs] really. He's talking about Snowflake versus Salesforce versus maybe Workday. I can take the Workday question. Really, huge opportunity. Basically, Bhanu is saying is Workday a buy, it sounds like it's a huge opportunity for Salesforce. I would absolutely say, I think that yes, Workday is going to be around for a long time, I think it's going to be one of the winners in the market. Eventually, as you get to a company of a certain size, you need a human resources management system. If you look at some of Workday's numbers versus some of the other different software platforms that are implemented, Workday is very much grown very quickly like Salesforce has. Part of the reason is things like payroll, things like hiring, things like promotions, and keeping track of folks' salary, and sales incentives and things like that, that all gets roped into Workday. Especially with labor shortages and especially with companies trying to make the invest environment for their employees, I think Workday is going to play a big role there. I don't know which is going to do better, Salesforce or Workday, but they're both in that enterprisewide space. Do either of you have some thoughts on Snowflake? It's OK to say no. [laughs] I thought so. Which is likely to get to 10X in shorter time? Bhanu, why don't you let us know? [laughs] We'll go invest in that one, but we're definitely Salesforce fans here today.

Brian Withers has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends and Workday. The Motley Fool has a disclosure policy.

Stocks Mentioned

Workday Stock Quote
$170.99 (0.89%) $1.51
Salesforce Stock Quote
$144.56 (-1.66%) $-2.44

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.