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.
SPLK year-to-date price returns (daily). Data by YCharts.
Source Fool.com