Friday, March 27, 2015

5 Best Tech Stocks To Invest In 2015

5 Best Tech Stocks To Invest In 2015: Workday Inc (WDAY)

Workday, Inc., incorporated in March 2005, is a provider of enterprise cloud-based applications for human capital management (HCM), payroll, financial management, time tracking, procurement and employee expense management. It is focused on the consumer Internet experience and cloud delivery model. Its applications are designed for global enterprises to manage complex and dynamic operating environments. The Company provides its customers the applications to manage critical business functions for their financial and human capital resources. In February 2014, Workday Inc acquired Identified Inc, a provider of online recruitment analytics services.

Multi-Tenant Architecture

The Company's architecture enables customers to share the same version of its applications while securely partitioning their respective application data. Because customers utilize its information technology (IT) resources and operational infrastructure, this framework reduces the costs of implementation, upgrades, and support.

Object-Oriented Technology Framework

The Company's applications use objects to represent real-world entities such as employees, benefits, budgets, charts of accounts, and organizations.

In-Memory Data Management

The Company's use of in-memory processing brings data physically closer to the central processing units and into main memory, eliminating the need to run a disk-seek operation each time a data look-up is performed. This allows for the delivery of embedded business intelligence to facilitate actionable analytics and reporting.

Consumer User Interface (UI)

The Company has built a UI platform that allows it to embrace new UI technologies without needing to rewrite the underlying application logic. It supports all browsers, run natively on Apple'! s iOS with applications specifically designed for the iPad and iPhone, and support other mobil e platforms such as Android, Windows Mobile and Symbian thro! ugh its HTML5 client.

Configurable Processes

The Company offers a set of tools for configuring, managing, monitoring, and optimizing the business processes that organizations rely on to manage their business. It includes over 270 pre-defined business process definitions to help deployments and provide a starting point for additional configuration.

Web Services-based Integration Platform

By offering an enterprise-class, embedded Web services integration platform and toolset at no additional cost, it relieves customers of many of the burdens associated with legacy systems integration and greatly reduce the risk of implementation failures or delays. In addition to open, standards-based Web services application programming interfaces, it provides a growing portfolio of pre-built, packaged integrations and connectors called Integration Cloud Connect.

Security and Audit

The Company endeavors to adhere t o the security standards. It voluntarily obtain third party examinations relating to security and data privacy. It delivers configurable, user-level access control policies as well as a comprehensive, always-on auditing service that captures and documents changes to both data elements and business processes.

The Company competes with Oracle Corporation (Oracle), SAP AG (SAP), Ceridian and NetSuite, Inc.

Advisors' Opinion:
  • [By Roberto Pedone]

    My first earnings short-squeeze play is enterprise cloud applications player Workday (WDAY), which is set to release numbers on next Monday after the market close. Wall Street analysts, on average, expect Workday to report revenue of $205.11 million on a loss of 10 cents per share.

    The current short interest as a percentage of the float for Workday is pretty high 9.1%. That means that ou! t of the ! 98.06 million shares in the tradable float, 8.99 million shares are sold short by the bears. If the bulls get the earnings news they're looking for, then shares of WDAY could easily rip sharply higher post-earnings as the bears rush to cover some of their bets.

    From a technical perspective, WDAY is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has pulled back recently off its high of $97.40 to its low of $90.08 a share. Shares of WDAY are now starting to bounce a bit higher off that $90.08 low and it's approaching a possible breakout trade that could hit post-earnings.

    If you're bullish on WDAY, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at around $96 to $97.40 a share with high volume. Look for volume on that move that hits near or above its three-month average action of 1.47 million shares. If that breakout triggers post-earnings, then WDAY will set up to re-test or possibly take out its next major overhead resistance levels at $105 to $110, or even its 52-week high of $116.47 a share.

    I would simply avoid WDAY or look for short-biased trades if after earnings it fails to trigger that breakout and then drops back below both its 50-day at $87.17 and its 200-day at $86.31 a share with high volume. If we get that move, then WDAY will set up to re-test or possibly take out its next major support levels at $72 to around $78 a share.

  • [By prabhat71]

    Seeing the growth momentum in the cloud business, Oracle is gunning for a better position than its rivals such as Salesforce (CRM) and Workday (WDAY). The company is looking at the statistics which reveal that Oracle is adding new customers at a rate better than Workday, which has been in this cloud business for a long time. Oracle has added 320 new customers with its HCM offering while Workday just saw 75 new customers lately. Also with the acquisitio! n of Live! LOOK, the company is now enhancing its offering as it has more than 100 global customers using LiveLOOK's technology.

  • [By MONEYMORNING.COM]

    Whitman recently announced the firm will invest roughly $1 billion in that growth field. And in mid-June, HP announced it will align with industry leader Workday Inc. (NYSE: WDAY) to deliver human resources apps via the cloud.

  • [By Tom Taulli]

    Workday (WDAY), which operates a cloud platform for enterprise resource planning (ERP), has reported another blow-out quarter. Revenues surged by 74% to $159.7 million, beating the consensus estimate of $152.4 million.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-tech-stocks-to-invest-in-2015.html

No comments:

Post a Comment