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Workday, Inc. (WDAY): A Bull Case Theory

We came across a bullish thesis on Workday, Inc. (WDAY) on Twitter by TechFundies. In this article, we will summarize the bulls’ thesis on WDAY. Workday, Inc. (WDAY)'s share was trading at $241.67 as of March 12th. WDAY’s trailing and forward P/E were 123.93 and 28.09 respectively according to Yahoo Finance.

[caption id="attachment_1205427" align="aligncenter" width="768"] A financial professional utilizing a cloud-based software application.[/caption]

Workday (WDAY) remains a solid, recurring revenue business with high customer stickiness and significant upsell potential. The...