PLAN - 3 Reasons Anaplan Is a Buy After Q2 Earnings
It's been a wild ride for cloud-based planning software company Anaplan (NYSE: PLAN) during the pandemic. Share prices are up about 23% since the start of 2020 but remain more than 25% down from the all-time highs set early this year.
Some corporate spending on digital updates hit the skids in the past 18 months. But resource planning software is making a comeback as spending starts to normalize, and Anaplan stock is rallying following a solid Q2 earnings update. Here are three reasons this cloud computing company is still a buy.
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3 Reasons Anaplan Is a Buy After Q2 Earnings