This is the text portion of our research note on Cornerstone OnDemand (CSOD) which priced today at $13. Nothing wrong with the company but at this price it's the most expensive SaaS company on the market and we don't see the justification for that. [Toffee subscribers can download the report in PDF format under the Reports tab.]

Cornerstone provides enterprise SaaS based solutions for human resource (HR) management. The company compares to other public companies like SuccessFactors, Taleo and . . .

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