Workday (WDAY), the enterprise cloud app provider, is slated to report its first quarter results after the closing bell on Tuesday. TheStreet’s Jim Cramer says Workday is a very expensive stock that’s doing pretty well. Cramer says, the company is ‘doing incredibly well moving into the vertical for human capital management and also getting into the financial side. I think Workday is a very, very expensive stock that is doing well. This will be a tell for Tableau Software (DATA). For Splunk (SPLK), even for Salesforce.com (CRM) so look for Workday if it goes higher, it’s going to send a lot of other stocks higher that are high multiple stocks.’ TheStreet’s Jim Cramer has more on why he’s watching shares of Workday ahead of their quarterly release from the floor of the New York Stock Exchange.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
