10 Unsexy AI Stocks According to Goldman Sachs

3. Workday, Inc. (NASDAQ:WDAY)

Number of Hedge Fund Holders: 86  

Workday, Inc. (NASDAQ:WDAY) markets enterprise cloud applications and is headquartered in California. Carl Eschenbach, the CEO of the firm, spoke at the Communacopia and Technology Conference earlier this month, highlighting the growth plans and AI strategies of the company. The CEO remarked that when the company talked to customers and the topic of AI came up, he believed that an investment in Workday was an investment in AI, as his company has one of the most highly curated datasets in the industry to train off of. He said with AI, his company could lead the enterprise through both HR and Finance to show true business value and true business impact.

The Workday, Inc. (NASDAQ:WDAY) CEO further reiterated the company plans to grow at 15% through fiscal year 2027, and expand operating margins 30% over the next couple of years. He also said his firm had a significant opportunity to push the business more international, noting that 25% of the business of the firm was from outside the US, yet that represented more than 50% of the total addressable market.