SPLK - Splunk Inc.
| Previous Close | 128.91 |
| Open | 128.80 |
| Bid | 127.27 x 800 |
| Ask | 128.49 x 800 |
| Day's Range | 125.25 - 129.58 |
| 52 Week Range | 83.69 - 143.70 |
| Volume | 1,155,122 |
| Avg. Volume | 1,668,769 |
| Market Cap | 19.221B |
| Beta (3Y Monthly) | 1.66 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.89 |
| Earnings Date | May 22, 2019 - May 28, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 152.03 |
Market Realist•2 days agoWhat’s ServiceNow’s Valuation?
Will ServiceNow Beat Analyst Estimates in Q1 2019?(Continued from Prior Part)PE ratio ServiceNow is a high growth company. In this article, we’ll compare ServiceNow’s (NOW) valuation with other high growth tech firms such as Okta (OKTA), Splunk
- InvestorPlace•4 days ago
6 Big Growth ETFs for Long-Term Investors
The birth of exchange-traded funds over the past several years has led to the birth of thematic stock investing, and that's a good thing. Specifically, ETFs -- through diversification -- allow investors to invest in themes, not stocks. This reduces the risks inherent in picking a single winner in an industry, while still giving investors exposure to the upside throughout the entire industry.In other words, thematic investing through ETFs is a great way to simultaneously reduce risk and maintain solid upside exposure.The key with ETFs, of course, is to pick the right ones. As opposed to picking the right stock, investors have to pick the right theme. This is easier to do than picking the right stock and the right theme. But, it still requires ample due diligence.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Buy and Hold Forever With that in mind, let's take a look six big growth ETFs investors should consider if they are looking to invest in tomorrow's most important themes. First Trust Nasdaq Cybersecurity ETF (CIBR)The Big Idea: The value of cybersecurity will only dramatically rise in an increasingly digitally connected world.Key Holdings: Cisco (NASDAQ:CSCO), Fortinet (NASDAQ:FTNT), Palo Alto Networks (NYSE:PANW), Splunk (NASDAQ:SPLK) and Okta (NASDAQ:OKTA)Thanks to the widespread proliferation of the internet and rise of things like AI, IoT and the cloud, the consumer and enterprise worlds are becoming more digitally connected than ever before. Ostensibly, this is a good thing. But, we've been reminded recently of the downfalls of this unprecedented connection through various hacks and data security breaches. Broadly speaking, everyone and every company's data is running around on the internet, and that presents huge risks for both the individual and the enterprise.Cybersecurity solutions protect against these risks. Over time, as the world becomes more digitally connected, these risks will only grow. As they do, the value of protecting against these risks will grow, too. Consequently, the outlook for the whole cybersecurity space to rise dramatically in value over the next several years is favorable. That's why the First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) looks like a solid long-term holding. First Trust Cloud Computing ETF (SKY)The Big Idea: Everything is going to cloud, and as it does, the companies that provide cloud-based services will grow tremendously.Key Holdings: VMWare (NYSE:VMW), Salesforce (NASDAQ:CRM), Netflix (NASDAQ:NFLX), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT)Technology used to be delivered and stored on-premise. That is, you used to buy software at a store, bring it home or to the office, download it and use it on-site, with all the operations, data and workflow hosted on-site. Over the past several years, this process has changed thanks to the cloud. Now, there's no need to go to a store and buy anything. Services are delivered directly through and stored in the cloud, and this removes frictions related to on-premise delivery and storage. * 10 S&P 500 Stocks to Weather the Earnings Storm This revolution is well underway. That's why the First Trust Cloud Computing ETF (NASDAQ:SKYY), which focuses on companies that deliver cloud-based services, is up more than 100% over the past three years. But, only 20% of enterprise workloads have migrated to the cloud. At scale, that number will be closer to 100%. Thus, we are only one-fifth of the way through the cloud growth narrative, and that means SKYY still has lots of runway left to head even higher in the long run. iShares Expanded Tech-Software Sector ETF (IGV)The Big Idea: Software-as-a-Service (SaaS) stocks are winning investments, and this ETF gives you broad exposure to the world's best SaaS stocks.Key Holdings: Microsoft, Salesforce, Adobe (NASDAQ:ADBE), ServiceNow (NYSE:NOW) and Autodesk (NASDAQ:ADSK)SaaS stocks are winning stocks. Broadly speaking, these are high-growth companies with robust exposure to the cloud and software revolutions. They're also high-margin companies since costs associated with delivering cloud-hosted solutions at scale are relatively small. Further, they are often supported by steady and predictable revenue streams, which gives investors confidence regarding go-forward operational stability. Because of these winning attributes, the iShares Expanded Tech-Software Sector ETF (NYSE:IGV) is up 115% over the past three years.This big rally will continue. As stated earlier, only 20% of workloads have migrated to the cloud, so revenue growth potential remains huge. Plus, margins have lots of room to expand as the industry matures, and revenue predictability will likewise improve with scale. Overall, then, the three big tailwinds which have produced huge gains in IGV will persist for the foreseeable future, and that means that this big rally is far from over. Global Robotics and Automation Index ETF (ROBO)The Big Idea: The robots are coming, and companies that provide automation technology and services will profit tremendously in the long run.Key Holdings: Nvidia (NASDAQ:NVDA), Zebra (NASDAQ:ZBRA), Intuitive Surgical (NASDAQ:ISRG), Rockwell Automation (NYSE:ROK) and iRobot (NASDAQ:IRBT)One of the biggest trends over the next several years will be automation. Specifically, automated technologies will continue to get better and better, until they are good enough to largely replace human labor in many parts of the workforce. That's not great news for the labor market. But, it is great news for the companies that are leading this automation revolution, like Intuitive Surgical -- the company that is putting robots in the surgery room -- and iRobot -- the company that is putting robots in your house to clean your floors. * 7 Stocks to Buy for Spring Season Growth All of these leading automation companies are packaged into the Global Robotics and Automation Index ETF (NYSE:ROBO). As such, as the automation trends gain mainstream traction over the next decade, the ROBO ETF will explode higher alongside all the important automation stocks. Amplify Online Retail ETF (IBUY)The Big Idea: E-commerce is still in the early stages of a multi-year secular growth narrative, and e-commerce companies will continue to grow at a rapid rate for the foreseeable future.Key Holdings: Amazon, Wayfair (NYSE:W), Chegg (NYSE:CHGG), Etsy (NASDAQ:ETSY) and PayPal (NASDAQ:PYPL)One of the biggest growth narratives over the past several years has been the rapid rise in e-commerce. Companies like Amazon, Wayfair and Etsy have pioneered of new of era shopping from the comfort of your own home, and in so doing, have stolen tremendous market share from traditional retailers. Consequently, all those stocks have soared, as has the Amplify Online Retail ETF (NASDAQ:IBUY).These gains will continue. At the present moment, e-commerce sales represent just over 10% of total retail sales in the U.S. That's still a relatively small piece of the pie. Further, the whole industry continues to grow at a healthy double-digit rate. Thus, it increasingly appears as though we are still in the early stage of e-commerce's long-term growth narrative. As that narrative plays out over the next several years, the IBUY ETF will continue to rise. ETFMG Prime Mobile Payments ETF (IPAY)The Big Idea: Digital payments, and specifically mobile payments, are gaining massive traction, and the companies behind these payments project as big growers.Core Holdings: PayPal, Mastercard (NYSE:MA), Visa (NYSE:V), Square (NYSE:SQ) and American Express (NYSE:AXP)As digital shopping has grown, so has the digital payments world. When you shop online, you can't pay for an item with cash. You have to use a card or a digital payment account. Thus, cash has become less prevalent throughout the economy over the past several years, while digital payments have become more prevalent. This has led to huge gains in digital payment stocks like Master, Visa and Square, as well as in the Prime Mobile Payments ETF (NASDAQ:IPAY). * 7 Dental Stocks to Buy That Will Make You Smile As stated earlier, e-commerce sales only represent 10% of total retail sales, so that growth narrative is far from over. Consequently, the parallel digital payments growth narrative is likewise far from over. Specifically, within the digital payments world, we are going to see a huge rise in mobile commerce over the next several years as mobile-first apps like Instagram dive deeper into shopping. All of this implies big growth ahead for digital payments stocks and the IPAY ETF.As of this writing, Luke Lango was long PANW, CIBR, CRM, NFLX, AMZN, ADBE, NOW, ROBO, CHGG, PYPL and SQ. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 6 Big Growth ETFs for Long-Term Investors appeared first on InvestorPlace.
Market Realist•5 days agoIs There Any More Steam Left in Splunk’s Upward Rally?
Are These High-Growth Tech Stocks Overvalued?(Continued from Prior Part)SPLK’s returnsShares of software solutions company Splunk (SPLK) have generated a return of 30% in the last 12 months. The stock easily outperformed broader markets last year
- ACCESSWIRE•9 days ago
Finding Rising AI Investment Opportunities
HENDERSON, NV / ACCESSWIRE / April 12, 2019 / Recently, McDonalds bought an artificial intelligence startup whose tech can automatically change menus depending on the time of day, weather and even traffic. ...
- InvestorPlace•10 days ago
9 High-Risk Stocks to Buy for Massive Rewards
[Editor's note: This story was previously published in November 2018. It has since been updated and republished.]Slow and steady wins the race, as the old adage goes. But slow and steady can be a bit boring. Investors looking for stocks to buy, as a rule, should focus on high-quality, and preferably, lower-risk issues.Still, there's room in any investor's portfolio for higher-risk, higher-reward plays -- as long as those risks are understood.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn that vein, here are 10 stocks to buy that offer potentially significant rewards … and almost as much risk. None of these stocks should be a core part of a portfolio, and all have the potential to blow up in your face. * 10 Dow Jones Stocks Holding the Blue Chip Index Back But taking those risks also creates the possibility of a major reward. It's likely at least a few of these stocks will wind up big winners going forward. Teva Pharmaceutical (TEVA)Teva Pharmaceutical (NYSE:TEVA) isn't having a great year, down just about 7%.Teva has too much debt and too little growth. Its key drug, Copaxone, which treats multiple sclerosis, is facing generic competition from Mylan (NASDAQ:MYL), among others. Bankruptcy likely isn't a near-term scenario but the current trajectory suggests it could occur down the line. In short, TEVA is a classic contrarian, "buy when there's blood in the streets" type of play. And there are reasons TEVA is one of these great (if risky) stocks to buy.While pressure has persisted on generic drugs, but it won't last forever.The company has sold assets to clean up its balance sheet, which has de-risked the story somewhat. In my opinion, Teva is a better version of Valeant, but with an easier path back to normalcy.It's a risky path, but if it works TEVA could gain another 20%-plus simply by reaching a higher multiple and removing bankruptcy fears.Source: Shutterstock Scientific Games Corp (SGMS)The story already has played out somewhat at Scientific Games (NASDAQ:SGMS), which is up 14.23% so far this year. But the growth story isn't necessarily over.Only a few years ago, Scientific Games was a sleepy, low-growth provider of lottery tickets and terminals. But in quick succession, SciGames acquired slot machine manufacturers WMS Industries and Bally Technologies, the latter coming only months after Bally bought equipment maker and gaming table designer Shuffle Master. Scientific Games became the dominant supplier to the casino industry worldwide: a "one-stop shop" for casino floors.It also became one of the most indebted companies in the U.S. markets and still is. The combination of that debt and careful cost controls at casinos, particularly in the U.S., kept SGMS stock below $20 to start the year. * 8 Risky Stocks to Watch as Earnings Season Kicks Off But it now looks like the long-awaited "replacement cycle" of slot machines is arriving and that could be hugely beneficial for Scientific Games and its smaller, similar rival Everi Holdings Inc (NYSE:EVRI). And considering how much leverage is still on the balance sheet, there's a case for SGMS to clear $100 -- yes, $100 -- if profit growth accelerates.That's not a guarantee, obviously, but it's the nature of highly indebted companies. Leverage is a weight when those companies struggle, and it's a springboard when they grow.Source: Chesapeake Energy Chesapeake Energy (CHK)In the case of Chesapeake Energy Corporation (NYSE:CHK), leverage has been a weight. After optimism about stable energy prices and Chesapeake's improved balance sheet boosted CHK stock in 2017, it was nothing but downhill in 2018. CHK now trades up ,pre than 57% since the beginning of the year. This could be the upswing you've been waiting for.I think CHK is the best, if riskiest, of the stocks to buy on higher energy prices. At the least, Chesapeake has bought itself more time for those prices to work higher. It's also worth pointing out that Chesapeake bonds actually have been rather stable so far this year. Efficiency improvements at the wellhead have lowered costs as well.Chesapeake is a risky play, but the combination of debt on the balance sheet and leverage from higher energy prices mean that with a couple of changes, CHK could soar.Source: Web Summit Via Flickr Splunk (SPLK)Splunk (NASDAQ:SPLK), on the other hand, isn't the cheapest stock in its space or anywhere else. The high-flying "operational intelligence" software provider trades up nearly 30% since the beginning of the year alone.The valuation alone shows the risk in SPLK, which has pulled back from brief early-2014 highs above $100. But since that pullback, SPLK stock actually has been rather stable, as investors give the company time to grow into its valuation.Meanwhile, Splunk continues to be a likely acquisition target, with Cisco (NASDAQ:CSCO) cited as a potential buyer in June and International Business Machines (NYSE:IBM) long thought to be a logical acquirer. * 7 High-Risk Stocks With Big Potential Rewards Splunk is a classic growth stock in that it, too, is high-risk and high-reward. But it looks like one of the better growth stocks to buy in what might be an over-aggressive market at the moment.Source: Shutterstock Ship Finance International (SFL)The shipping space generally has been a "Bermuda Triangle" for investor capital, but Ship Finance International (NYSE:SFL) might be the exception to the rule.There's likely to be some near-term volatility and Ship Finance's dividend, which currently yields 10.95%, could be at risk, but it's still one of those great stocks to buy if you can handle the risk.But this also remains one of the best plays in shipping, available for a modest premium to book value and at low-teens multiple to earnings. The industry alone, and a heavily leveraged balance sheet, both show the risk.But if Ship Finance can make it through some choppy waters over the next few months, there's likely a nice return for shareholders on the other side. GW Pharmaceuticals (GWPH)There's no sector of the market more boom-and-bust than biotech and drug development. GW Pharmaceuticals (NASDAQ:GWPH) doubles down on that volatility by developing its drugs from marijuana.But GW Pharmaceuticals isn't one of those fly-by-night penny stocks to buy based on legalized weed. It's a $2.6 billion pharmaceutical company with a legitimate lead product candidate in Epidiolex, aimed to treat Dravet Syndrome and Lennox-Gastaut Syndrome. Sativex, used to treat multiple sclerosisSativex, used to treat multiple sclerosis spasticity, already is on the market. And another compound has potential uses to fight epilepsy and treat autism spectrum disorders. * 10 Medical Marijuana Stocks to Cure Your Portfolio Like most drug development plays, GWPH is high-risk. But there's reason for investors to hold long-term optimism toward the company's pipeline. Success in getting those drugs to market likely would make GWPH an acquisition target at some point suggesting a significant upside from current levels. If it happens, analysts see GWPH stock surging near 30%.That in turn, would suggest likely significant upside from current levels for GWPH stock.Source: Shutterstock Canadian Solar (CSIQ)Considering that solar power actually is gaining an increasing share of the U.S. market, in particular, it's surprising that solar stocks including Canadian Solar (NASDAQ:CSIQ) actually haven't done all that well. SolarCity had to be rescued by Tesla (NASDAQ:TSLA). First Solar (NASDAQ:FSLR) is down from multi-year highs despite the recent strength.There are risks for CSIQ, in particular. "Commoditization" and price pressure could hit margins. Still, demand for CSIQ equipment is growing, the stock isn't terribly highly valued, and it's lagged of late while FSLR, in particular, has risen.Solar stocks are likely to stay choppy for a while, but CSIQ should have some room to run if it can get through the second half of the year.Source: Helgi Halldorsson via Flickr Superior Industries International (SUP)Superior Industries International (NYSE:SUP) is on the move again. Shipments of the company's aluminum wheels hit a record last year and it's starting to pay off.Auto parts stocks as a whole have had trouble, driven by "peak auto" concerns in the space. Superior itself has had a couple of missteps that impacted margins, and profits. And with SUP one of the more indebted companies in the sector, both factors have had an amplified impact on Superior's share price. * 7 Biometric Stocks to Watch as AI Rises But there's a reason to see a reversal as well, which is what makes SUP one of the smart stocks to buy. Near-term auto sales may be coming down, particularly in the U.S.Last year's acquisition of European supplier UNIWHEELS improved Superior's position overseas. And there is room to improve execution, and hopefully, margins, going forward.SUP does have potential downside risk, particularly if global macro concerns arise, pressuring auto sales and dropping SUP earnings further. But for contrarians who think the auto parts selloff is overdone, SUP is one of the more intriguing plays.Source: Rob Wall via Flickr (Modified) Chegg (CHGG)Chegg (NYSE:CHGG) is another of the growth stocks to buy with a high valuation and a big opportunity. The company began as an online textbook rental company. But it wound up outsourcing that business to another provider and since has focused on becoming the dominant digital platform for U.S. college students.And Chegg is having some success. Revenues are growing and adjusted EBITDA has turned positive after years of losses. The company's tutors and study services businesses are growing rapidly, and it's becoming a fixture in the college landscape.There are risks here beyond valuation. Like so many companies, Amazon is a potential competitor down the line, given its efforts to offer free Prime services to college students. But at this point, it might simply be easier for Amazon to buy Chegg, rather than expend the resources to try and fight it.With each passing quarter, Chegg gets more and more entrenched. And that only serves to strengthen the bull case for CHGG stock.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Cheap Stocks That Are Leading the Blue Chips * 7 Straight-A Stocks to Build a Portfolio Around * Forget the FANGs -- Buy These 5 Tech Stocks Instead Compare Brokers The post 9 High-Risk Stocks to Buy for Massive Rewards appeared first on InvestorPlace.
- Simply Wall St.•12 days ago
How Much Did Splunk Inc.'s (NASDAQ:SPLK) CEO Pocket Last Year?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Doug Merritt has been the CEO of Splunk Inc. (NASDAQ:SPLK) since 2015. This report will, first, examine the CEO c...
- Markit•12 days ago
See what the IHS Markit Score report has to say about Splunk Inc.
Splunk Inc NASDAQ/NGS:SPLKView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SPLK with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SPLK are favorable with net inflows of $112.77 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- InvestorPlace•12 days ago
The 10 Fastest-Growing Stocks to Invest In Right Now
Editor's note: This story was previously published in June 2018. It has since been updated and republished.It's not technically summer yet, but the summer doldrums (the slowest period of the year for stocks) are on the way. There are some stocks that might just shrug off the summertime blues though. Granted, they're few and far between, but if a company is able to prove it can grow rapidly even if the economy bumps into a headwind, traders just might gravitate to these names and push them higher. * 7 High-Risk Stocks With Big Potential Rewards To that end (and in no particular order), here's a run-down of ten companies boasting outsized growth when other outfits can't exactly say the same. Some will ring a bell, and others are rather unfamiliar. In all cases though, clearly the organization is doing something right.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSource: Scott Lewis via Flickr Autodesk (ADSK)Year-to-date gain: +25%Autodesk (NASDAQ:ADSK) isn't exactly a household name. But, to users of architectural and engineering software though, Autodesk is plenty familiar. The company is the name behind a large collection of 3D modeling and computer-aided drafting platforms, most of which are sold on a subscription basis.Boring? You bet. Here's the not-boring part: Sales are projected to improve by more than 29% this year, and then accelerate to the tune of almost 27% next year. Even less boring is that such revenue growth is expected to push Autodesk out of the red and into the black.Who know cloud-based drafting software could help create one of the market's top fast-growing stocks?Source: Shutterstock Netflix, Inc. (NFLX)YTD gain: +35%Yes, Netflix (NASDAQ:NFLX) is loaded down with debt, and it doesn't seem interested in turning off the spending spigots anytime soon.A funny thing happened last quarter though. It wasn't sales growth. Revenue growth of 27% is impressive to be sure, but it wasn't particularly unusual for the streaming video platform. What was impressive was the comeback the company mounted after a disasterous Q4 in 2018. That light at the end of the tunnel may be viability after all, rather than an oncoming debt train. * 10 Medical Marijuana Stocks to Cure Your Portfolio There's still work that needs to be done. Sooner or later, somehow, the company is going to have to contain costs. The hard part of the job is done though. That's creating sales that can be converted into income, and then eventually become positive cash flow.Source: Meaghan O'Malley via Flickr (Modified) Etsy Inc (ETSY)YTD gain: +43.93%One would think an online seller of handmade crafts and one-off items would be struggling. Aside from the fact that mass production is the key to margins on most fronts, massive Amazon (NASDAQ:AMZN) is also in the same arena with its 'Handmade' sales platform.Etsy (NASDAQ:ETSY) makes it work though. Granted, it's not always been easy, for several reasons. But Etsy capitalizes on the fact that its website doesn't feel clinical or designed to blast browsers in the face with a flood of potential purchases.The numbers tell the tale. For the quarter ending in February, gross merchandise sales were up nearly 20% year-over-year, while revenue grew nearly 47%. The number of buyers and sellers grew too, confirming the company is doing something right.Source: Shutterstock Godaddy (GDDY)YTD gain: +19.35%You know the company, even if you don't remember the company. Godaddy (NYSE:GDDY) is the website hosting and website registration service perhaps best known for using television commercials featuring unusually pretty women in an overtly sexist way.The company has since outgrown the shtick. But it did put the company on the map, where it's remained. Although web-hosting and domain registration services are a dime-a-dozen industry now, Godaddy is still a first choice for many, and GoDaddy appears to have just reached an economy of scale. * 7 Biometric Stocks to Watch as AI Rises Though this year's expected 12.3% growth in sales isn't much, it's enough to beef up the bottom line. Next year's projected revenue growth of 11.2% is expected to double profits again.Source: Nvidia Nvidia (NVDA)YTD gain: +40.79%Between artificial intelligence, graphics cards and even traditional computer processors, Nvidia (NASDAQ:NVDA) has a hand in almost everything tech-related, and does quite well on all fronts.Indeed, it's become the go-to source for the burgeoning AI industry, as its hardware is the best-suited (and most available) to handle all the intensive number-crunching artificial intelligence platforms require be done.The proof of the pudding, as they say, is in the tasting. Last quarter's top line was $2.21 billion, which was no great shakes, but the mere fact of the company's recovery after last year's tech dive is is reason alone to invest.Source: Alden Chadwick Via Flickr DexCom (DXCM)YTD gain: -.02%DexCom, Inc. (NASDAQ:DXCM) makes a handful of different medical monitoring devices, but all of them focus on one thing, diabetes management. Its latest product, the Dexcom G6, takes continuous glucose monitoring to the proverbial next level.Although it is off to a rough start this year, it still is expected to grow sales nearly 20% for the next two years. * 8 Risky Stocks to Watch as Earnings Season Kicks Off That's not necessarily what makes DXCM one of the best stocks to invest in right now, however. For better or worse, the number of cases of diabetes in the United States alone could double if not triple from 2010's levels by the year 2050.Source: Svetoslav Nikolov via Flickr (Modified) Diamondback Energy (FANG)YTD gain: +9.5%The purchase of any energy-related stock right now should be thoroughly thought through. While crude prices are soaring again, demand isn't growing inordinately and the supply is increasing rather than decreasing. If you're confident enough that oil is at least going to hold steady around its current price though, Diamondback Energy Inc (NASDAQ:FANG) is an interesting name to consider.Diamondback is an independent oil and gas player, mostly focused on fracking in the Permian Basin. Unlike most peers of its ilk and size though, Diamondback is profitable -- with oil prices just above $50 per barrel.That leaves the company in a sweet spot, as evidenced by last quarter's numbers. Revenue was up 44% year-over-year, pushing the dividend up by 50%.Source: Shutterstock Weibo Corp (WB)YTD gain: +22.%It's been compared to Twitter (NYSE:TWTR), though it's not exactly an adequate comparison. Weibo (NASDAQ:WB), which operates an ad-supported microblogging site in China, has plenty of similarities to Facebook (NASDAQ:FB), as the user experience is so much more immersive.Regardless of what it's most comparable to though, Weibo posts numbers that turn heads, and is expected to keep doing so for the foreseeable future. * 10 Tech Stocks That Transformed Their Business Last quarter's revenue of $481.9 million were up 28% year-over-year, and for the year Weibo is looking for sales of between $420 million and $1.72 billion. That's well up from the year-ago top line of $427 million. Source: Images Money via Flickr (Modified) Vertex Pharmaceuticals (VRTX)YTD gain: +15.14%For the record, Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) hasn't always been a red-hot growth stock, and realistically speaking it won't always be one either. Thanks to a couple of big-time recent drug approvals though, revenue is expected to grow 17% this year and grow another 26% next year.One of those drugs is cystic fibrosis drug Kalydeco. Though approved way back in 2012, it continues to win approval for new subsets of CF patients. Meanwhile, Symdeko, also for cystic fibrosis, was approved by the FDA in February.It can take a while for a drug's sales to reach full speed, especially when a company adds to its uses in the interim. Both drugs are still in high-growth modes right now though, arguably making VRTX one of the best stocks to invest in right now.Source: Shutterstock Splunk Inc (SPLK)YTD gain: +25.58%Last but not least, put Splunk Inc (NASDAQ:SPLK) on your list of fast-growing stocks to watch, if not outright buy.Don't sweat it if you haven't heard of it. Most people haven't. And even many of those who have can't really articulate what it does. To that end, the simplified version of its business model is, Splunk helps organizations gather and analyze digital data, and then actually do something useful with it. In the era of cloud computing, the Internet of Things, artificial intelligence and more, the company's proven crucial to many organizations drowning in a sea of information. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos The numbers speak for themselves. Splunk is expected to earn $1.01 per share this year, up from last year's 62 cents per share, on a 28% improvement in revenue. Next year's projected 21.6% top line growth should push profits to $1.47 per share.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Medical Marijuana Stocks to Cure Your Portfolio * 8 Best Stocks to Buy for an April Rally * Top 20 Stocks to Buy for 20-Somethings! Compare Brokers The post The 10 Fastest-Growing Stocks to Invest In Right Now appeared first on InvestorPlace.
- Business Wire•12 days ago
UK Councils Improve Security and Citizen Privacy With Splunk
Orbis Partnership Reduces Costs and Increases Efficiency of Local Government Services
- American City Business Journals•16 days ago
Bay Area is home to 19 of 50 top public companies where Americans want to work, LinkedIn says
Here are the Bay Area-based public companies that LinkedIn says are among the most desired employers to work for in the country.
- Investor's Business Daily•17 days ago
Big Data Companies And Data Analytics: The Stocks To Buy And Watch
The massive volumes of information being generated and used by businesses today for informed decision making have fueled the booming business of data analytics and Big Data companies.
- ACCESSWIRE•17 days ago
Company Releases AI App
HENDERSON, NV / ACCESSWIRE / April 4, 2019 / Since 2000, there has been a 6X increase in the annual investment levels by venture capital (VC) investors into U.S.-based AI startups. According to a PwC study ...
- Market Realist•18 days ago
Little-Known Alphabet Unit Enters $300 Billion Industry
Updates from Alphabet: Smart Speakers, Google+, and Other Bets(Continued from Prior Part)Chronicle launches cybersecurity product called Backstory Alphabet’s (GOOGL) little-known subsidiary called Chronicle is going for a huge prize: the $300
- Business Wire•19 days ago
Splunk Helps Spark New Zealand Keeps Mobiles Connected
Splunk Inc. (SPLK), delivering actions and outcomes from the world of data, today announced that Spark New Zealand (SPK.NZ) is using Splunk® software to help monitor mobile towers and keep broadband internet flowing to millions of New Zealand citizens and thousands of New Zealand businesses, from large enterprises to government. Spark New Zealand, one of New Zealand’s largest public companies, uses Splunk Enterprise and Splunk Enterprise Security (ES) to gain end-to-end visibility into all IT and security layers of the organization.
- Zacks•19 days ago
Splunk (SPLK) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Splunk (SPLK) closed at $126.84, marking a +1.8% move from the previous day.
- American City Business Journals•19 days ago
Here are the typical employee salaries at Twitter, Salesforce, Yelp, Square, Zynga, Dolby and other tech companies
How much do Twitter, Salesforce and Yelp pay typical employees? See how it compares with CEO pay and where it stacks up among San Francisco's other top tech companies.
- Insider Monkey•20 days ago
Did Hedge Funds Drop The Ball On Splunk Inc (SPLK) ?
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
- Benzinga•23 days ago
Raymond James: Splunk Strongly Positioned Despite Increased Competition
Although Splunk Inc (NASDAQ: SPLK ) is likely to witness increased competition from additional product offerings in the SIEM/SOAR space, the strength of the company’s platform lies in being able to deal ...
- Benzinga•23 days ago
Jim Cramer Advised His Viewers On Canopy Growth, DowDuPont And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said Pure Storage Inc (NYSE: PSTG ) had a good quarter but it's a high risk and a low reward stock. He wouldn't buy it. Cramer is a buyer of ...
- GuruFocus.com•24 days ago
Splunk Inc (SPLK) Files 10-K for the Fiscal Year Ended on January 31, 2019
Splunk Inc provides software products. Its flagship product is Splunk Enterprise and at its core is a proprietary machine data engine, comprised of collection, indexing, search, reporting analysis and data management capabilities. Warning! GuruFocus has detected 3 Warning Signs with SPLK.
- InvestorPlace•26 days ago
3 Trends to Watch When BlackBerry Reports Earnings
BlackBerry (NYSE: BB) is slated to report its fourth-quarter results on Friday, March 29, before the market opens. After the company reported its Q3 results in December, BB stock fell sharply, reaching a 30-month low of $6.57.Source: Shutterstock Since then, BB stock has rebounded, along with the market, reaching nearly $9.50 before pulling back in recent days along with most other tech stocks. BlackBerry stock has several positive catalysts which suggest that BB will react more positively after Friday's results. Specifically, for the first time in many years, the company's quarterly revenue is expected to rise year-over-year, and CEO John Chen recently revealed that the company's annual top line should soon exceed $1 billion. Additionally, there are indications that the company's government business is continuing to ramp up, and its revenue from its QNX operating system should continue to rise meaningfully.On the negative side, however, BB 's costs from its acquisition of AI cybersecuity company Cylance will likely weigh on its profits and gross margins, while reducing its cash. Moreover, BlackBerry's business with the government may have been hurt by last quarter's long government shutdown.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Consumer Discretionary Stocks to Buy Now BlackBerry stock bears could seize on and emphasize those negative metrics, causing BB stock price to drop in the near term. However, over the long term, BB stock remains well positioned to benefit from increased demand for cybersecurity and the proliferation of autonomous vehicles and connected devices.Here are three important areas that the owners of BlackBerry stock should keep their eyes on when BB reports its results. 2020 Revenue Outlook and BB Stock PriceEarlier this month, Chen said that BlackBerry's revenue from software will exceed $1 billion in 2020. The owners of BB stock should be interested to see if he reiterates that guidance on Friday.Assuming that BB's revenue from software comes in at $1.1 billion, and that its operating margin is the same 12% in fiscal 2020 that it reported last quarter, then BlackBerry's operating profit from software would be $132 million. If we throw in another $18 million of operating profit from its non-software businesses with the same operating margin, BB's earnings per share, excluding other items, would likely be at least 28 cents for the year. Applying a 25x multiple on that EPS would make BlackBerry stock worth $7 per share. Following the Cylance deal, the company still has $1.6 billion of net cash and short-term investments, or $3 per share, raising the value of BB stock to $10.00 per share, versus the current BB stock price of about $9 per share.But of course, BlackBerry stock could be worth much more if investors become very excited about its growth and its future prospects. For example, Twilio (NYSE:TWLO) has a price-sales ratio of 25, while Splunk (NASDAQ: SPLK) has a price-sales ratio of 19. If BlackBerry stock traded at those valuations, based on 2020 revenue of $1.2 billion, it would be worth $55 per share or $22 per share, respectively. Government Revenue GrowthThere are multiple indications that BlackBerry's business with governments is continuing to grow and may be accelerating. For example, the company recently announced that it had won two major contracts with NATO, although it did not disclose the amounts of those deals. If BB is winning new deals with NATO, there's a good chance that it's continuing to expand the revenue it receives from multiple Western European NATO members.Moreover, earlier this month, the company announced that it had launched a new subsidiary, called BlackBerry Government Solutions, that will be focused on serving the federal government.In the past, I've pointed out that the U.S. government has embraced the use of artificial intelligence in cybersecurity, and that the acquisition of Cylance consequently leaves BlackBerry well positioned to win additional, lucrative cybersecurity deals from the U.S. federal government. Such deals will be positive for BlackBerry stock.Also positive for BlackBerry and BB stock is the fact that President Trump now looks poised to stay in office through at least January 2021. Not only has the Trump administration placed a heavy emphasis on cybersecurity, but a company owned by the president's personal lawyer, Rudy Giuliani, has partnered with BB in the past. QNX Revenue GrowthChen has said that the acquisition of Cylance could help accelerate the QNX operating system's top-line growth.Meanwhile, revenue stemming from design wins for the operating system in 2016 and 2017 should have increased further over the last quarter. BlackBerry has also indicated that QNX has been incorporated into many other connected products. The company's FY20 guidance will likely be boosted by the additional growth of QNX in autonomous vehicles and other connected devices. * 10 Tech Stocks With Key Products That Face an Uncertain Future The Bottom Line on BB StockBlackBerry's results and guidance should be lifted by several items, including increased revenue from QNX and government deals. However, costs from the Cylance deal and delays in transactions with the U.S. government as a result of the federal shutdown may weigh on BlackBerry's Q4 results. Over the longer term, however, BB and BlackBerry stock should be boosted by the proliferation of QNX, increased demand for its cybsersecurity offerings and the company's overall top-line and bottom-line growth.As of this writing, Larry Ramer owned shares of BB stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post 3 Trends to Watch When BlackBerry Reports Earnings appeared first on InvestorPlace.
- Business Wire•27 days ago
Splunk Appoints Graham Smith as Chairman of the Board of Directors; Technology Executive Sri Viswanath Joins Board
Splunk Inc. (SPLK), delivering actions and outcomes from the world of data, today announced that Graham Smith, former chief financial officer of Salesforce, has been appointed as its Chairman of the Board of Directors. Additionally, Sri Viswanath, chief technology officer (CTO) of Atlassian, has joined Splunk’s board of directors. Godfrey Sullivan and Thomas Neustaetter both also announced they will retire from the Splunk board following its meeting in June.
- Benzinga•last month
Jim Cramer Advises His Viewers On Cisco, Nokia, Splunk And More
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he loves Splunk Inc (NASDAQ: SPLK ). He added that the company is doing a fantastic job and he is a buyer of the stock. Cisco (NASDAQ: ...
- TheStreet.com•last month
Fed Stops the Rate Madness: Cramer's 'Mad Money' Recap (Wednesday 3/20/19)
Today was shaping up to be a bone-crushing session on Wall Street, Jim Cramer told his Mad Money viewers Wednesday. Without one, it will be a lot harder to own sectors like the industrials that need a strong global economy. Cramer explained that President Trump is taking a page from the Ronald Reagan playbook with Russia, "trust, but verify." The Chinese have a long history of not abiding by what they agree to, he said, which was evident most recently in the South China Sea.
