Is Splunk Finally A Value?
With the market typically favoring dividend stocks over growth stocks, Splunk Inc. (SPLK) remains a conundrum trading at roughly 12x forward revenue estimates. While the company has huge growth potential, analysts only expect 35% growth next year that wouldn't normally warrant such a high valuation.
The company provides a leading software platform for real-time operational intelligence. In essence, the company is leading the "Big Data" revolution by offering software tools for analyzing the incredible amount of data created on a daily basis.
Back in the summer, the valuation didn't support the growth rate. After a sell-off in October, does the stock finally offer a good value?
Read the full article at Seeking Alpha.
Disclosure: Long INVN. Please review the disclaimer page for more details.
The company provides a leading software platform for real-time operational intelligence. In essence, the company is leading the "Big Data" revolution by offering software tools for analyzing the incredible amount of data created on a daily basis.
Back in the summer, the valuation didn't support the growth rate. After a sell-off in October, does the stock finally offer a good value?
Read the full article at Seeking Alpha.
Disclosure: Long INVN. Please review the disclaimer page for more details.
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