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The Smart Money Is Buying This Big-Data Stock

TheMotleyFool

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The Smart Money Is Buying This Big-Data Stock

In a very tumultuous year for high-growth software stocks, data analytics company Splunk (NASDAQ: SPLK) has actually held up well. Its stock is up 10.6% on the year, while the diversified large-cap software sector as defined in the Invesco Dynamic Software ETF is down in the mid-teens.