Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why Tableau Software Popped Again

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of data mining specialist Tableau Software (NYSE: DATA  ) surged 12% today on continued enthusiasm for its long-term growth prospects.

So what: The double-digit gain comes on the heels of its 65% IPO-fueled surge on Friday, suggesting that investor interest in Tableau is only starting to grow. In fact, CEO Christian Chabot said that the IPO was done mainly to raise awareness about the company's market potential, making the past few days for Tableau all the more successful.  

Now what: Given the big data tailwinds working in its favor, Tableau is certainly worth looking into. "Business technology companies have more staying power over the long-term and are less susceptible to fashionable trends than [business to consumer] companies," Chabot said in an interview with Forbes. Of course, with such high expectations now baked into the valuation, Fools might want to wait for some of the excitement to fade before buying into that bull talk.     

Interested in more info on Tableau? Add it to your watchlist.

It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.

Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2441970, ~/Articles/ArticleHandler.aspx, 10/1/2016 1:07:14 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 3 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes