Down but about to rebound? Only stock picks
- Thread starter morris
- Start date
So I’m thinking about getting into this but I’m trying to find my niche. I took some time to assess what industries are in the rise and I thought if two things. SaaS and Cloud-Based services. For the past few months I’ve been monitoring companies that lead this industry (SaaS companies functioning almost completely on the cloud) and they’ve all been doing fairly well. So well that I’m not sure when to jump in and if it’s too late. I am thinking long term so maybe it doesn’t matter as much.
Specifically I’ve been watching:
Workday
Salesforce
Shopify
Atlassian
Thoughts?
Specifically I’ve been watching:
Workday
Salesforce
Shopify
Atlassian
Thoughts?
I own them all minus Pepsi. Bought into Coke cause it was cheaper per share and the yield on cost is higher than Pepsi meaning you get more back for your money spent on Coke than Pepsi.
Forbes had Workday #1 on its Stocks on the rise in 2019 list in a magazine I had late last year. shyt been on a tear since then.
I gotta ask, of all the companies you have researched, what made Workday stand out to you?
Kornball The Conqueror
Superstar
Any experience with fundrise REIT?
I’m a Workday Consultant. They are really changing the way HR is handled. A few things to consider.
1. They offer more HR services than most of their competitors. HCM, Compensation, Recruiting, Talent Management, Time Tracking, Absence Management, Payroll, Financials, Reporting and Benefits. That makes it much easier for all your systems to work together and talk with each other, and once you have one, it makes it more enticing to just use Workday for everything else for optimal performance. Analytics is also “built-in” to the system, so most objects are actionable to allow you to put insights via Reporting.
2. Their implementation methodology is strict. Everybody always operates on the same version of the software. Twice a year a new planned release is automatically introduced with a description of all the new functionality and every customer has to go through a testing process. So it significantly lowers the upgrade costs from year to year. The implementation process is also strictly monitored. Workday itself doesn’t do most of its implementations, but they have checkpoints and reviews to make sure their partners are implementing the software based on best practices, down to making sure you don’t have crappy setup that negatively impacts system performance.
3. They recently introduced Higher Ed and Government HR software. If that ever takes off like the others, it’s a wrap.
4. Functionally, using Workday is like using Apple products. It looks cleaner, most things are very intuitive and work similarly from workstream to workstream. So if you can use Workday for HCM, you should be able to for anything else.
There are shortcomings to the software. It’s not as customizable as some other software. But that’s because that makes maintenance much more difficult and expensive. So they standardize it as much as while still allowing the normal expected differences from customer to customer
Oh yea, they also have “Brainstorms” where customers can request new functionality (to update existing functionality) to address a business need. If enough customers vote up the brainstorm, Workday will most likely add the functionality in a later release. Clients love that.
Pepsi is better cuh. Don't believe the hype.
Rigby.
The #1 Rated Mixtape of all Time
As in Forward Industries? anything specific they bring to the table? I see they're a pretty small stock so I got the
on rnRigby.
The #1 Rated Mixtape of all Time
From the past few pages, the dividend stocks seem god tier. FORD seems like a flawed buy but low money and cap has me legit interested.
Ford? A flawed buy? Hahahahaa!
With all due respect, you're insane to think that. Them and Mcdonalds are the 1A and 1B of dividend stocks. FORD will never go anywhere. When they were facing elimination, the government stepped in and helped them out-- meaning they will never fall off. As long as America exists, FORD will exist. The companies that will be around 300 years from now are the companies you invest in dividend wise. I would put all my money in FORD, MCD, and K (Coca-Cola) if it came down to it. Those three companies will be here when our grandchildren are adults.
Rigby.
The #1 Rated Mixtape of all Time
I used flawed wrong, I was just wondering do you see any price jumps ($3, $4, etc) within the next couple years? Seems like it’s been on the downtrend for a minute
If you're talking FORD, yes I do see that happening. With that said, I would only recommend investing in FORD for longterm dividend consistency and little else. The downtrend is actually a good thing for people like you to jump on it. It will turn into MCD within the next few years, where it consistently coasts around 200 dollars, only jumping up and down a couple of dollars.
Rigby.
The #1 Rated Mixtape of all Time
thats what I was trying to hear :camthegawd: you use Robinhood? I know a couple brehs a couple pages back were saying the way of receiving divs was a bit different for us brehs that use it