12 Best Innovative Stocks to Buy Now

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8. Workday Inc. (NASDAQ:WDAY)

Number of Hedge Fund Holders: 76

Workday Inc. (NASDAQ:WDAY) is one of the best innovative stocks to buy now. On September 16, Workday announced Workday Data Cloud, which is a new data layer designed to unlock the strategic value of organizations’ core HR and finance data by securely connecting it in real-time to their existing analytics and operational systems.

The goal is to provide customers with rich, secure, and real-time insights, thereby accelerating the conversion of workforce and financial information into action, creating a true strategic advantage. Workday is establishing an open and connected data ecosystem through partnerships with Databricks, Salesforce, and Snowflake.

The collaboration introduces a zero-copy approach, which allows customers to get direct, zero-copy access to their core HR and finance data within these external platforms, and simultaneously bring customer and business data into Workday without duplication. This eliminates the need for costly data exports, bulky reports, and stale duplicates, ensuring only clean, governed data is used.

Workday Inc. (NASDAQ:WDAY) provides enterprise cloud applications in the US and internationally. The company offers a suite of financial management applications.

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