3 Reasons Anaplan Is a Buy After Q2 Earnings [The Motley Fool]
Anaplan, Inc. (PLAN)
Last anaplan, inc. earnings: 2/27 07:30 am
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Source: The Motley Fool
Nicholas Rossolillo(TMFnrossolillo)Author BioNicholas has been a writer for the Motley Fool since 0, covering companies primarily in the consumer goods and technology sectors. He is also the founder and president of Concinnus , a Registered Investment Advisor based in Spokane, WA. He enjoys the outdoors up and down the West Coast with his wife and their Humane Society-rescued dog.Follow @nrossolilloKey PointsTotal cash on hand was $ million at the end of July.It's been a wild ride for cloud-based planning software companyNYSE:PLANSome corporate spending on digital updates hit the skids in the past 8 months. But resource planning software is making a comeback as spending starts to normalize, and Anaplan stock is rallying following a solid Q earnings update. Here are three reasons this cloud computing company is still a buy.Image source: Getty Images.. Data-driven planning software is a mustEnterprise resource planning (ERP) software, often used to outlay the use of a company's finances
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