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The Smart Money Is Buying This Big-Data Stock

TheMotleyFool

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The Smart Money Is Buying This Big-Data StockPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/ec495607-1e17-40ee-a41d-7726313a9707.png

In a very tumultuous year for high-growth software stocks, data analytics company Splunk (NASDAQ: SPLK) has actually held up well. Its stock is up 10.6% on the year, while the diversified large-cap software sector as defined in the Invesco Dynamic Software ETF is down in the mid-teens.