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Strategies & Market Trends : The New Economy and its Winners

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From: Doren	3/9/2014 4:12:23 PM
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Apple Leads Cantor 2014 Picks; Juniper, Splunk, Tableau Favorites blogs.barrons.com Another favorite of White’s is data analytics technology vendor Splunk ( SPLK), his top software name. White rates the stock a Buy with a $77 price target. Although the company’s market is still “in the very early stages of development,” the company is “at an inflection point” with multiple new products coming out this year, and “non-traditional market opportunities: In recent months, Splunk has captured our imagination as it relates to non-traditional use cases such as smarter transportation (e.g., trains), energy efficiency in buildings, building the farm of the future, and the announcement of a connected car test program with Ford. Further supporting this trend, Splunk called out Tesla Motors as a customer in November.

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