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#Splunk stock ibd free
If you are no longer interested in Splunk, you can use our free platform to see our list of over 50 other stocks with a high growth potential. What does the future of Splunk look like? If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. This is because Splunk’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. Although, there may be another chance to buy again in the future. According to my valuation, the intrinsic value for the stock is $160.75, but it is currently trading at US$104 on the share market, meaning that there is still an opportunity to buy now. Great news for investors – Splunk is still trading at a fairly cheap price. See our latest analysis for Splunk What Is Splunk Worth? However, what if the stock is still a bargain? Let’s take a look at Splunk’s outlook and value based on the most recent financial data to see if the opportunity still exists. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. The company's shares led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. In addition, add weekly Print edition to prepare for your weekend.Let's talk about the popular Splunk Inc. IBD Digital: Get access to only client stock lists and market analysis. Receive timely buy and sell alerts with IBD Leaderboardsįind the Best Long-Term Investments with IBD Long-Term Leaders Profit from short term trends with Swing Trader MarketSmith’s Tools Can Help the Individual Investor Join IBD Live and learn top chart-reading and trading techniques from the pros
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#Splunk stock ibd software
netscout system (NTCT) and Pragati Software (PRGS) is also among the highest rated stocks of the group. 8 rank among its peers in the computer software-database industry group. Now let’s see if the stock forms a pattern with proper buy point and heavy volume.Įarnings increased 74% last quarter, up from 0% in the prior report. See How IBD Helps You Make More Money in StocksĪlthough this is currently not an ideal time to invest in Splunk based on the chart, the stock has crossed its 200 day MA with six straight days. Decades of market research shows that the biggest winners of the market have an RS rating of 80 or better in the early stages of the move.
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