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$CDAY:NYSE - CERIDIAN - Sticky software up 86%

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NYSE:CDAY   None
Ceridian has been enjoying a nice steady growth period and I always like trending HR / Payroll type software as it is often quite hard to migrate away from and one of the last areas you cut budget or eliminate in your business even in a downturn. Looks like it is having a bit of a consolidation phase so keep an eye on it and if it continues to move up, could be worth a watch.

Ceridian HCM Holding, Inc. engages in the development of human capital management software. It offers Dayforce, Powerpay, and Bureau products and services. The Dayforce provides human resources (HR), payroll, benefits, workforce management, and talent management functionality. The Powerpay is a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. The Bureau solutions offer payroll and payroll-related services using legacy technology. The company was founded on July 3, 2013 and is headquartered in Minneapolis, MN.

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