Tableau: Opportunity Surfaces
Tableau Software beaten down on weak guidance. The biggest problem with the stock was a high valuation that didn't price in the expected revenue slowdown. The valuation represents a bargain for the business analytics sector. In an incredible move, Tableau Software (NYSE: DATA ) is trading down almost 50% based on soft 2016 guidance. My warning for several months now was that the stock needed a valuation rerating before investors became involved in this story. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details.