PLAN - Anaplan Stock Is a Great Buy to Kick Off 2022
Anaplan (NYSE: PLAN) has been absolutely clobbered since its latest earnings update. Between the lack of a bigger earnings beat and raise to the company's revenue guidance and the coronavirus omicron variant, share prices have plummeted 36% in the last month and are down 41% in 2021 with just a month to go until the new year.
Anaplan is doing just fine, though, and by one metric, shares are now as cheap as they were in March 2020 before we knew the cloud-based business-planning software company could continue growing in spite of pandemic disruption. At these levels, this stock is a great buy to kick-off 2022.
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Anaplan Stock Is a Great Buy to Kick Off 2022