As Splunk Lowers Guidance, Jim Cramer Looks at Alternatives
Jim Cramer looks at alternative stocks after Splunk lowers 2018 guidance.
Splunk (SPLK) - Get Report lowered its guidance for 2018 to $1.17 billion vs. the consensus estimate of $1.19 billion. So what should investors do?
Jim Cramer says that he likes alternative companies like Workday (WDAY) - Get Report , and that Adobe (ADBE) - Get Report is his favorite in the group. One stock that Cramer does not like is Tableau Software (DATA) - Get Report , because it is not really a cloud company, he said.
