A new ETF focused on Cloud computing launched April 16: Ticker CLOU
Top 10 holdings (in order) are:
SHOPIFY INC - CLASS A
PAYCOM SOFTWARE INC
COUPA SOFTWARE INC
TWILIO INC - A
WORKDAY INC-CLASS A
PAYLOCITY HOLDING CORP
ULTIMATE SOFTWARE GROUP I
I’m surprised not to see OKTA or ESTC in there (maybe #11 and #12?) WorkDay is complete crap, IMO. We use it at my work and everybody despises it. But they must have one hell of a sales force because they’ve signed up some big customers.
I agree with PR about Workday. Used it at my prior company and from an end-user perspective it was awful. I’m sure it provided upper management with some nice reports, and probably saved a headcount or 2 in the HR group, but I would never recommend any company I worked for adopt it.
This post is at risk of being a string of many that are OT.
We don’t really talk ETFs here. Please refrain from adding comments to this thread and instead strike up a discussion on why/why not some of those stocks are good investments please.