Workday: Lower Growth Expectation, But Upside Is Still Attractive

Following my coverage on Workday (NASDAQ: WDAY ) in Sep’24, which I recommended a buy rating due to my expectation that growth could accelerate to 20%, this post is to provide an update on my thoughts on the businessI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be dra ...