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Good News for Tech Investors: These 2 Stocks Are Jumping


Even as stock markets have performed well in 2023, some investors have remained on edge. The breadth of the market rally this year has been quite narrow, with just a handful of stocks accounting for the lion's share of gains for major market benchmarks. Ideally, bullish market participants would prefer to see more stocks rise as part of a more sustained rally.

From that perspective, tech investors got some good news on Wednesday morning. Tech stocks beyond the giga-cap giants scored some hard-earned gains, including human resources software specialist Workday (NASDAQ: WDAY) and data storage company NetApp (NASDAQ: NTAP). Here's a closer look at what these two companies said and why their shareholders are excited at the news.

Shares of Workday were up more than 8% on Wednesday morning. The enterprise software company specializing in finance and human resources reported fiscal third-quarter financial results for the period ended Oct. 31, and investors liked what they saw in the report.

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Source Fool.com

Workday, Inc. Aktie

232,30 €
11,37 %
Ein erheblicher Gewinn bei Workday, Inc. heute, um 11,37 %.
Workday, Inc. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Bei einem Kursziel von 268 € ergibt sich ein leicht positives Potenzial von 15.37% im Vergleich zum aktuellen Kurs von 232.3 € für Workday, Inc..
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