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Big data stocks

Ready to invest in the information industry? Consider these 11 stocks.

The best big data stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

How to buy big data stocks

Sign up with an online broker or platform to invest in one of more of these big data stocks.

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like IBM or AYX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Invest in the information industry today with a market order or use a limit order to delay your purchase until the stock reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of a big data company. Optimize your portfolio by tracking how your stock — and even the information sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Take a deeper dive into big data stocks

We round up a selection of stocks in or related to the information industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. International Business Machines Corporation (IBM)

International Business Machines Corporation provides integrated solutions and services worldwide. Its Cloud & Cognitive Software segment offers software for vertical and domain-specific solutions in various application areas; and customer information control system and storage, and analytics and integration software solutions to support client mission on-premise workloads in banking, airline, and retail industries. It also offers middleware and data platform software, including Red Hat that enables the operation of clients' hybrid multi-cloud environments; and Cloud Paks, WebSphere distributed, and analytics platform software, such as DB2 distributed, information integration, and enterprise content management, as well as IoT, Blockchain and AI/Watson platforms.

International Business Machines Corporation stock opened the day at $136.98 after a previous close of $136.73. The latest price was $138.01 (25 minute delay). International Business Machines Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD74.4 billion and employs 345,900 staff.

  • Market capitalization: $121,594,773,504
  • P/E ratio: 22.9272
  • PEG ratio: 1.4272

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2. Alteryx (AYX)

Alteryx, Inc. provides end-to-end analytics platform for data analysts and scientists worldwide. Its analytic process automation software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications.

Alteryx stock opened the day at $82.82 after a previous close of $82.84. The latest price was $83.67 (25 minute delay). Alteryx is listed on the NYSE, has a trailing 12-month revenue of around USD$529.1 million and employs 1,596 staff.

  • Market capitalization: $4,822,593,536
  • PEG ratio: 0

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3. MongoDB (MDB)

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

MongoDB stock opened the day at $351.53 after a previous close of $351.81. The latest price was $353.70 (25 minute delay). MongoDB is listed on the NASDAQ, has a trailing 12-month revenue of around USD$702.2 million and employs 2,934 staff.

  • Market capitalization: $33,400,088,576

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4. Splunk (SPLK)

Splunk Inc. provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. The company offers Splunk Platform, a real-time data platform comprising collection, streaming, indexing, search, reporting, analysis, machine learning, alerting, monitoring, and data management capabilities.

Splunk stock opened the day at $136.78 after a previous close of $138.53. The latest price was $138.37 (25 minute delay). Splunk is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.4 billion and employs 6,500 staff.

  • Market capitalization: $24,519,452,672
  • PEG ratio: 12.0576

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5. Snowflake (SNOW)

Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data.

Snowflake stock opened the day at $250.00 after a previous close of $250.30. The latest price was $269.49 (25 minute delay). Snowflake is listed on the NYSE, has a trailing 12-month revenue of around USD$851.2 million and employs 3,260 staff.

  • Market capitalization: $97,130,512,384
  • PEG ratio: 0

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6. Datadog (DDOG)

Datadog, Inc. provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company's SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, and security monitoring to provide real-time observability of customers technology stack.

Datadog stock opened the day at $107.00 after a previous close of $107.10. The latest price was $108.12 (25 minute delay). Datadog is listed on the NASDAQ, has a trailing 12-month revenue of around USD$764.3 million and employs 2,185 staff.

  • Market capitalization: $44,372,590,592

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7. Cloudera (CLDR)

Cloudera, Inc. offers a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services.

Cloudera stock opened the day at $15.76 after a previous close of $15.77. The latest price was $15.78 (25 minute delay). Cloudera is listed on the NYSE, has a trailing 12-month revenue of around USD$904.8 million and employs 2,728 staff.

  • Market capitalization: $4,721,698,816
  • PEG ratio: -0.84

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8. Palantir Technologies (PLTR)

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides Palantir Gotham, a software platform for government operatives in the defense and intelligence sectors, which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.

Palantir Technologies stock opened the day at $21.85 after a previous close of $22.18. The latest price was $21.71 (25 minute delay). Palantir Technologies is listed on the NYSE, has a trailing 12-month revenue of around USD$1.3 billion and employs 2,593 staff.

  • Market capitalization: $56,074,072,064
  • PEG ratio: 6.2487

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9. Amazon-com (AMZN)

Amazon. com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally.

Amazon-com stock opened the day at $3,402.01 after a previous close of $3,416.00. The latest price was $3,401.32 (25 minute delay). Amazon-com is listed on the NASDAQ, has a trailing 12-month revenue of around USD$443.3 billion and employs 1,335,000 staff.

  • Market capitalization: $1,757,555,326,976
  • P/E ratio: 60.4653
  • PEG ratio: 1.4996

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10. Elastic N-V (ESTC)

Elastic N. V. , a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization.

Elastic N-V stock opened the day at $147.06 after a previous close of $147.42. The latest price was $150.34 (25 minute delay). Elastic N-V is listed on the NYSE, has a trailing 12-month revenue of around USD$672.7 million and employs 2,285 staff.

  • Market capitalization: $15,062,772,736

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11. Workiva (WK)

Workiva Inc. , together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail services; and provides tools that enables customers to connect data from enterprise resource planning, governance risk and compliance, human capital management, and customer relationship management systems, as well as from other third-party cloud and on-premise applications.

Workiva stock opened the day at $121.22 after a previous close of $120.88. The latest price was $123.43 (25 minute delay). Workiva is listed on the NYSE, has a trailing 12-month revenue of around USD$391.7 million and employs 1,868 staff.

  • Market capitalization: $7,788,207,616
  • PEG ratio: 0

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Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available Asset Types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
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Stocks, ETFs
$0
N/A
$0
Free
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Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
BMO InvestorLine
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$9.95
$9.95 + $1.25 per options contract
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$0 - $9.95
Buy and sell a select group of Canada’s most popular ETFs without paying commissions.
An easy-to-use online trading platform with access to research, tools, and the option to access InvestorLine adviceDirect for additional professional support.
Scotia iTRADE
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
$4.99-$9.99
$9.99 + $1.25 contract ($4.99 + $1.25 contract if completed 150 trades or more a quarter)
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Pay no annual account fees.
Buy, sell and trade ETFs, Equities, Options and more with competitive commissions.
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95 - $6.95
$4.95 - $6.95 (+$1.25 per contract)
$0 if conditions met, otherwise $100/year
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$4.95 - $6.95 is applicable for online stock, ETF and option trades only. Pay $4.95 when you qualify as an Active Trader (trade 150+ times per quarter).
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0
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Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
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Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
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Qtrade Direct Investing offers low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options. Trade 100 ETFs free of charge and thousands more for $8.75 or lower.
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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Bottom line

While it's possible to turn a profit investing in big data stocks, keep in mind that — like any investment — big data stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the information industry, so carefully vet your picks before you invest. And if you're new to investing, or if it's been awhile since you've taken a critical look at your investing accounts, compare brokers to make sure you're getting the best features in your trading account.

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