We have narrowed our search to three mid-cap Internet software stocks with strong potential for the rest of 2024. These are: TWLO, DAY, APPF.

Inaugural Dayforce Living Wage Index published in partnership with the Living Wage Institute Inaugural Dayforce Living Wage Index published in partnership with the Living Wage Institute

Dayforce (DAY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The consensus price target hints at a 30.9% upside potential for Dayforce (DAY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

These days, AI stocks are almost selling like pancakes, and I can't blame investors. With almost every tech and tech-adjacent company announcing artificial intelligence integration into their business processes, AI service providers are getting more clients.

Dayforce (DAY) shares jumped after the provider of human resources software and services topped sales and profit estimates with its second-quarter results. Robust demand for Dayforce's payroll and human capital management services (HCM) helped drive the strong performance.

Dayforce Inc. (NYSE:DAY ) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants David Niederman - Vice President, Investor Relations David Ossip - Chief Executive Officer Jeremy Johnson - Chief Financial Officer Steve Holdridge - President Conference Call Participants Mark Marcon - Baird Samad Samana - Jefferies Scott Berg - Needham Siti Panigrahi - Mizuho Steve Enders - Citi Bhavin Shah - Deutsche Bank Brad Reback - Stifel Daniel Jester - BMO Raimo Lenschow - Barclays Jared Levine - TD Cowen David Niederman [Abrupt Start]. Joining me on the call today are CEO, David Ossip; and CFO, Jeremy Johnson.

The headline numbers for Dayforce (DAY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

MINNEAPOLIS and TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced a new milestone for its award-winning on-demand pay solution, Dayforce Wallet. Across the solution's global footprint, more than $4 billion in payroll1 has been delivered through on-demand pay, early direct deposit, and paycard to employees using Dayforce Wallet.

Dayforce (DAY) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.32 per share a year ago.

MINNEAPOLIS and TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. ("Dayforce" or the "Company") (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, announced that its Board of Directors approved a share repurchase program with authorization to purchase up to $500 million of its common stock.

LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dayforce Inc. ("Dayforce" or "the Company") (NYSE:DAY) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.