Like so many other growth stocks, Workday (NASDAQ: WDAY) has seen its stock price crater over the last six months. After hitting an all-time high of $300.90 in November 2021, shares have lost 46% of their value and now trade around $165 each.
Workday sells cloud-based software that helps customers address human capital and financial management needs, from time tracking and payroll services to talent recruitment and client procurement.
With the company poised to report first-quarter earnings results on May 26, investors want to know: Is now the time to buy Workday? Let's examine the bull and bear cases.
Source Fool.com