September 5, 2012
The following video is part of our “Motley Fool Conversations” series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Big data continues to be a huge trend, and Splunk keeps making waves. Splunk helps customers collect and analyze the massive amounts of machine data being generated today. It recently put up some great growth numbers, and continues to develop new products to satisfy its clients’ needs. Its growing customers base now includes Autodesk and Zynga. What’s more, Splunk is developing new products to satisfy its clients’ data needs, and to compete with Qlik Technologies and Oracle. Splunk looks like a great fit for John and David’s real-money portfolio. It’s a fast-growing company operating within one of the biggest long-term trends. It certainly doesn’t look cheap at current prices, but it’s hard to argue with its recent performance and long-term potential.
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