12 Best Falling Stocks to Invest In Now

9. Workday, Inc. (NASDAQ:WDAY)

Stock Upside: 39.36%

1-Year Loss: 41.55%

Number of Hedge Fund Holders: 70

Workday, Inc. (NASDAQ:WDAY) is one of the best falling stocks to invest in now. On April 16, Workday, Inc. (NASDAQ:WDAY) and employee recognition software firm Achievers jointly announced the availability of Workday Recognition. Workday Recognition is an artificial-intelligence-powered employee recognition and rewards solution, which is provided by Achievers, and embedded directly into Workday’s Human Capital Management (HCM) platform.

This tool ensures that recognition activity happens natively within Workday, the company said. It means that employees can recognize peers and redeem rewards all in one place. On the other hand, HR teams no longer need to juggle separate systems for HR management and employee engagement, Workday stated.

Workday added that the solution uses AI to analyze peer-to-peer recognition patterns. This is important, said Workday, because it helps HR leaders identify top contributors, surface in-demand skills across the workforce, and build a continuous, real-time record of employee contributions. The resultant insights feed directly into performance management decisions.

The company detailed that the integration of Workday Recognition into the HCM platform was informed by research from the Achievers Workforce Institute. It found that employees who receive recognition weekly are 2.6 times more likely to be productive and six times more likely to stay with their company long-term. The integrated platform supports a global rewards catalog in local currencies across 190 countries, which, per Workday, makes it viable for large multinational employers operating across diverse markets.

Workday, Inc. (NASDAQ:WDAY) is a provider of cloud-based enterprise software focused on human capital management, financial management, and planning solutions. Its platform enables organizations to manage payroll, workforce planning, accounting, and analytics.