Cloud Stocks: Splunk On The Right Track With Cloud And PaaS

Splunk provides different tools for development, ranging from simple GUI with click-and-drag tools to other Backbone models for JavaScript developers. Developers also have access to Splunkbase, the site for the Splunk community to find apps. They can upload public app packages to Splunkbase for Splunk customers to download and install to Splunk Cloud or Splunk Enterprise deployments or distribute app packages privately to customers to run on a Splunk Cloud or Splunk Enterprise.

Splunk’s stock is currently trading at $131.03 with a market capitalization of $21.19 billion. It hit a 52-week high of $225.89 in August 2020 and a 52-week low of $93.92 in March 2020.

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Disclosure: All investors should make their own assessments based on their own research, informed interpretations and risk appetite. This article expresses my own opinions based on my own ...

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