Callidus Software (NASDAQ:CALD) has been on an absolute tear over the past six months, thanks to earnings beats and raised guidance. While shares have nearly tripled, further gains could be ahead as Callidus is one of the best plays in cloud computing. The real kicker is that the company is now profitable. Unprofitability was a major overhang for the company, and now that has been removed.
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Cloud's all the rage
Callidus Software is a leading provider of cloud software under the CallidusCloud brand. The company's cloud software helps organizations with their hiring, learning, marketing and sales. Its cloud software covers all functions from a company's back office to its field office and from desktop to...