SAP - Anaplan: Ample Runway
Anaplan (PLAN) plays into positive tailwinds that have lifted the valuation of cloud stocks. Sales execution worries have impacted its post IPO momentum. Anaplan’s potential to keep acquiring market share is strong in light of the successes recognized by its partners and its enviable DBNER (122%). Anaplan remains a stock to hold for the long term, given its fast innovation pace to solve problems that have been tough for competitors to tackle.
Demand (Rating: Bullish)
Source: Author (using data from Seeking Alpha)
Market opportunity
Anaplan plays into the cloud-based business planning market worth