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Is Splunk Stock a Buy?

TheMotleyFool

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Data company Splunk, Inc. (NASDAQ: SPLK) reported results for its fiscal first quarter ended April 30. Its stock rose after the earnings news, hitting a 52-week high of $192.75 on June 3.

Given the stock price rise in recent weeks, does it make sense to invest in Splunk? A deep dive into the company can deliver an answer.

Image source: Getty Images.

Source Fool.com

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