These are some great stocks you can hang on to for years.
News & Analysis: Workday
The enterprise software company is facing coronavirus-related economic headwinds, but it should benefit as more business processes move to the cloud.
The enterprise software stock climbed despite an earnings miss and weakened bullish sentiment among analysts.
The cloud-based HR platform announced first-quarter results and some new partnerships.
Stocks in the Nasdaq were generally higher, but these two stood out.
WDAY earnings call for the period ending April 30, 2020.
The enterprise software stock has fallen roughly 26% over the last year, while the S&P 500 index is down 3% over the same stretch.
Economic concerns tied to the coronavirus pandemic pushed the enterprise software company to a 52-week low last month.
WDAY earnings call for the period ending December 31, 2019.
Consider picking up shares of the HCM leader before new products start to contribute to growth.