Hot Stocks 7 Big Data Stocks to Buy for 2019

in #bitcoin6 years ago

Big Data Stocks to Buy for 2019: Mongodb (MDB)
Relational databases have been around since the 1970s. The technology is also at the core of
Oracle"s (NYSE: ORCL) database franchise
But the problem is that the technology really does not meet the complicated needs of today"s Big
Data needs.
So yes" there is an alternative" called NoSQL. And the leader in the category is Mongodb
(NASDAQ MDB) The company"s database has been downloaded over 40 million times and there
are more than 7"400 customers across over 100 countries. MongDB also has a thriving
ecosystem" which has more than one million members in the MongoDB University
All this has turned into a standout business" During the latest quarter" revenues soared by 61% to
$57.5 million. Actually" given the cntical nature of databases to Bid Data" it would not be a
surprise that a larger company — say Oracle — would eventually try to buy the company.

Elastic (ESTC)
Elastic (NYSE ESTC) is essentially a sophisticated search engine for businesses. At the core of
this is open-source software" which is downloaded for free This has not only allowed for rapid
adoption of Elastic which is critical for any search engine — but ongoing innovation
The platform also allows for searches of structured and unstructured data" say from databases"
mobile apps1 log files and so on. There is also Al features and machine learning.
And what about the growth ramp? Well" it has been torrid. During the latest quarter" revenues
spiked by 79% to $566 million. The company has over 5"500 customers across more than 80
countries.

Splunk (SPLK)
Founded in 2003" Splunk (NASDAQ SPLK) is a pioneer in developing systems to analyze
machine data" such as from websites" apps" servers" networks and smartphones. The focus was
on helping companies gain operational intelligence."
Despite the emergence of fierce competitors" SPLK has been able to maintain its leadership
Then again" the company continues to invest heavily in R&D Consider that at its most recent
conference — .confl8 — it had the largest number of new releases. For example" the company
now has solutions for areas like loT and Industrial lot
Growth has also remained strong During the latest quarter" revenues increased by 49% to $325
miIlion The company also generates strong cash flows" which came to $591 million in Q3.

Cloudera (CLDR)
Cloudera (NYSE CLDR) has built a sophisticated Big-Data platform that uses machine learning
and analytics. It is also optimized for cloud environments.
But CLDR is in the process of a major transformation — that is" the company is merging with
Hortonworks (NASDAQ HDP). which is another of the major Big Data stocks The combined
entity will be a powerhouse" which will have services for the multi-cloud" on-premise environments
and the Edge. Consider that HDP has an expertise with streaming and loT while CLDR"s focus
has been Al.
There will also be significant scale" which should help provide a competitive advantage The
merger of CLDR and HDP will result in annual revenues of $720 million with over 2500
customers.

Talend (TLND)
With the rapid growth in new technologies" data integration has gotten even more mission critical.
Yet the tools have tended to lag It is often the case that there needs to be professional services
and custom coding
But Talend (NASDAQ:TLND) is changing this with its innovative platform — called Talend Data
Fabric — that integrates data and apps in real time across Big Data systems" cloud environments
and on-premise installations The result is that there is a unified view of data
To bolster the product" TLND acquired Stitch" which operates a cloud service that moves data into
cloud warehouses and data lakes The service has more than 900 customers
Granted" TLND stock got crushed on the latest earnings report. But it does look like it was an
overreaction. Note that the company continues to grow at a strong pace — with revenues up 36%
to $52.1 million in the third quarter.

Alteryx (AYX)
Alteryx (NYSE AYX) was an early player in the Big Data industry" having been founded in 1997.
The company also bootstrapped its operations. Note that AYX did not raise any venture capital
until 2011.
But this did not hamstring the company. Now AXY is one of the top Big Data stocks in the wortd.
Then again it has built a platform that is fairly easy for businesses to leverage analytics" such as
by using visualizations. Keep in mind that Big Data systems are often focused on specialists like
data scientists
AYX"s strategy has helped to expand the market opportunity. In fact" the company believes that
the spending on the category will go from $19 billion in 2016 to $29 billion by 2021.
During the latest quarter" revenues shot up by 59% to $54.2 million and the number of customers
rose by 41% to 4315.

Yext (YEXT)
Yext (NYSE YEXT) operates a knowledge platform" which includes a network of about 150 data
providers like Alphabet (NASDAQ:GOOG. NASDAQ:GOOGL)" Facebook (NASDAQ:FB) and
Apple (NASDAQ:AAPL) For the most part" the company organizes data in ways to help
businesses achieve goals" such as getting more customers or providing a better service
At the heart of this is intelligent search" which is based on context and intent. There is also Al
(Artificial Intelligence) that helps provide more relevant results.
The next generation of this technology" called Yext Brain" launched in late October" The system
allows customers to sync their data with Al-enab"ed services like search" voice assistants and
chatbots.
In terms of growth for YEXT" it has been robust. During the latest quarter" revenues jumped by
33% to $58.7 million. The company also snagged nearly 80 new enterprise customers.

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