Trade-Ideas: Splunk (SPLK) Is Today's Post-Market Leader Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Splunk ( SPLK) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Splunk as such a stock due to the following factors:

  • SPLK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $88.4 million.
  • SPLK is up 5.3% today from today's close.

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More details on SPLK:

Splunk, Inc. provides software solutions that provide real-time operational intelligence in the United States and internationally. Currently there are 14 analysts that rate Splunk a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Splunk has been 2.6 million shares per day over the past 30 days. Splunk has a market cap of $5.5 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 1.43 and a short float of 4.6% with 3.54 days to cover. Shares are down 33.2% year-to-date as of the close of trading on Wednesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Splunk as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

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