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This Fintech Stock Is Overshadowed by Competitors

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The fintech industry has become increasingly crowded and notably hard in which to compete and cut through the noise. In this clip from “The Rank” on Motley Fool Live, recorded on Feb. 7, Motley Fool contributors Matt Frankel and Jason Hall discuss Ceridian’s (NYSE:CDAY) financials and analyze whether it’s worth investing in given the fiercely competitive fintech industry.

Matt Frankel: No. 8 is a stock called Ceridian. They are a fintech company, ticker symbol is C-D-A-Y. They produce payroll software for larger enterprises. They don’t make public their customer list, but they have over 5,000 of them. A lot of big enterprises don’t want their names just thrown around. They offer next-generation payroll software that solves a few problems that are typical of payroll systems. For example, there’s always a big problem and I can tell you this from being in management before working for The Fool, that there’s a big cut off when it comes to when your pay period ends and what data you can access before and after that, is a better way to describe…

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