The Salesforce (CRM) acquisition of Tableau Software (DATA) brought our focus to one stock: Splunk (SPLK). Both Tableau Software and Splunk have generally been linked together having gone public in the same time frame of 2012/2013 and focusing on the big data concept. The deal reinforces the business intelligence category and reinforces my bullish investment thesis on Splunk when the stock dips.
Image Source: Splunk website
Better Growth
Over the years, Splunk has had the better operations by constantly generating faster growth. The Alphabet (GOOG) (GOOGL) acquisition