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3 Reasons Why Splunk Is a Buy

TheMotleyFool

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Data analytics firm Splunk (NASDAQ: SPLK) lost its chief technology officer, Tim Tully, this week when he transitioned to a partner role at Menlo Ventures. When the news broke back on April 16, Splunk's stock price plunged as Wall Street analysts downgraded the company.

The stock is now trading around a 52-week low. Does the price drop create a buying opportunity? I think so. Here are three reasons why Splunk is still a worthwhile investment.

Image source: Getty Images.

Source Fool.com

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