1 Software-as-a-Service Stock Worth Holding for the Long Haul

As earnings season nears its tail end, some stocks are trading higher following their earnings reports and others are trading lower. But investors shouldn't automatically assume the stock's recent direction is an indication of the underlying business.

One software-as-a-service stock that has fallen recently that arguably may not have deserved it is Zendesk (NYSE: ZEN). The software-as-a-service customer support specialist is firing on cylinders, with revenue growth accelerating.

Here's a closer look at the fast-growing business -- and investors may want to hold onto their shares despite the stock's recent weakness.

Continue reading


Source Fool.com