It's hard for a company to completely shield itself from a difficult
macro climate, but having a solid product for a burgeoning (and
heretofore untapped) market is a pretty good way to try. To that end, Splunk's (Nasdaq:SPLK)
machine data processing software/services are giving companies
capabilities they haven't had before, and they seem willing to pay for
it. While the valuation here looks pretty heated, I can appreciate the appeal of a high-growth stock at a time when many other techs have stalled.
Please read the full article here:
http://www.investopedia.com/stock-analysis/053113/splunk-delivering-when-other-techs-are-not-splk-hpq-ibm-swi-tibx.aspx
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