Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

11 top big data stocks to buy in 2024

Ready to invest in the information industry? Learn how to invest in big data stocks in just a few steps.

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.

11 popular big data stocks picks to buy in 2024

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 (IBM)
  2. Alteryx (AYX)
  3. MongoDB (MDB)
  4. Splunk (SPLK)
  5. Snowflake (SNOW)
  6. Datadog (DDOG)
  7. Cloudera (CLDR)
  8. Palantir Technologies Inc (PLTR)
  9. Amazon-com (AMZN)
  10. Elastic (ESTC)
  11. Workiva (WK)

Compare premium accounts that help you research stocks

The big data stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering big data stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

Moby Premium

Go to site
  • Services: Analyst stock picks & research
  • Fees: $99.96/first full year for new members
  • Features: 3 new stock picks a week, daily newsletter, lessons, video reports

Robinhood Gold

Go to site
3% IRA match
  • Earn 5% interest on uninvested cash
  • Get up to $50,000 in instant deposits
  • Easy, user-friendly trading

Public.com Premium

Go to site
Easy access to diverse assets
  • Trade stocks, bonds, options, ETFs, crypto, Treasurys, collectibles, royalties
  • Earn 5.1% APY on your cash
  • Earn a $0.18 rebate on options, with no commissions and no per-contract fees

How to invest in big data stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like IBM or AYX.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into big data stocks

If you're interested in investing in the information industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. International Business Machines (IBM)

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

International Business Machines stock opened the day at $182.43 after a previous close of $181.47. The latest price was $181.58 (25-minute delay). International Business Machines is listed on the NYSE, has a trailing 12-month revenue of around USD61.9 billion and employs 282,200 staff.

  • Market capitalization: $168,451,899,392
  • P/E ratio: 22.5184
  • PEG ratio: 4.1996

Back to top


2. Alteryx (AYX)

Alteryx, Inc. , together with its subsidiaries, operates in the analytics automation business in the United States and internationally. The company's analytics platform automates tasks for workers across the analytics value chain.

The latest price was $48.26 (25-minute delay). Alteryx is listed on the NYSE, has a trailing 12-month revenue of around USD$970 million and employs 2,345 staff.

  • Market capitalization: $3,527,897,856
  • PEG ratio: 0

Back to top


3. MongoDB (MDB)

MongoDB, Inc. , together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; 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 $336.73 after a previous close of $335.55. The latest price was $327.47 (25-minute delay). MongoDB is listed on the NASDAQ, has a trailing 12-month revenue of around USD$1.7 billion and employs 5,037 staff.

  • Market capitalization: $24,962,861,056
  • PEG ratio: 1.6716

Back to top


4. Splunk (SPLK)

Splunk Inc. , together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements; and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience.

Splunk stock opened the day at $156.90 after a previous close of $156.51. The latest price was $156.90 (25-minute delay). Splunk is listed on the NASDAQ and has a trailing 12-month revenue of around USD$4.2 billion.

  • Market capitalization: $26,443,769,856
  • P/E ratio: 103.2237
  • PEG ratio: 1.8084

Back to top


5. Snowflake (SNOW)

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.

Snowflake stock opened the day at $147.66 after a previous close of $148.41. The latest price was $145.45 (25-minute delay). Snowflake is listed on the NYSE, has a trailing 12-month revenue of around USD$2.8 billion and employs 7,004 staff.

  • Market capitalization: $49,598,623,744
  • PEG ratio: 3.064

Back to top


6. Datadog (DDOG)

Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.

Datadog stock opened the day at $124.83 after a previous close of $125.02. The latest price was $120.09 (25-minute delay). Datadog is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.1 billion and employs 5,200 staff.

  • Market capitalization: $42,131,402,752
  • P/E ratio: 906.7857
  • PEG ratio: 1.186

Back to top


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 is listed on the NYSE, has a trailing 12-month revenue of around USD$904.8 million and employs 2,728 staff.

  • Market capitalization: $4,736,509,440
  • PEG ratio: -0.84

Back to top


8. Palantir Technologies Inc (PLTR)

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform 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 Inc stock opened the day at $20.98 after a previous close of $21.13. The latest price was $20.47 (25-minute delay). Palantir Technologies Inc is listed on the NYSE, has a trailing 12-month revenue of around USD$2.2 billion and employs 3,735 staff.

  • Market capitalization: $47,153,278,976
  • P/E ratio: 236.7778
  • PEG ratio: 1.7348

Back to top


9. Amazon-com (AMZN)

Amazon. com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Amazon-com stock opened the day at $178.74 after a previous close of $179.22. The latest price was $174.63 (25-minute delay). Amazon-com is listed on the NASDAQ, has a trailing 12-month revenue of around USD$574.8 billion and employs 1,525,000 staff.

  • Market capitalization: $1,907,023,151,104
  • P/E ratio: 63.2138
  • PEG ratio: 2.32

Back to top


10. Elastic (ESTC)

Elastic N. V. , a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data.

Elastic stock opened the day at $94.97 after a previous close of $95.31. The latest price was $96.19 (25-minute delay). Elastic is listed on the NYSE, has a trailing 12-month revenue of around USD$1.2 billion and employs 3,161 staff.

  • Market capitalization: $9,608,009,728
  • P/E ratio: 183.2885
  • PEG ratio: 0.8914

Back to top


11. Workiva (WK)

Workiva Inc. , together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.

Workiva stock opened the day at $77.96 after a previous close of $78.04. The latest price was $77.86 (25-minute delay). Workiva is listed on the NYSE, has a trailing 12-month revenue of around USD$630 million and employs 2,526 staff.

  • Market capitalization: $4,275,413,760
  • PEG ratio: 0

Back to top

Compare more stock trading platforms to invest in big data stocks

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in big data stocks.
1 - 6 of 16
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
SoFi Invest®
Finder Score: 4.1 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Mutual funds, ETFs, Alternatives
$0
$0
Get up to $1,000 in stock
when you fund a new Active Invest account
Tastytrade
Finder Score: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Public.com
Finder Score: 4.1 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
Robinhood Gold
Finder Score: 4.3 / 5: ★★★★★
Robinhood Gold
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
5%
Get a free stock
when you successfully sign up and link your bank account.
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
Moomoo
Finder Score: 4.7 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
5.10%
Choose a 1.5% match or 7 free fractional shares
when you open a new account and meet funding requirements
No commission stock and ETF trading, with a chance to get a 1.5% cash reward match or 7 free fractional shares.
Robinhood
Finder Score: 4.3 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
loading

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.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask a Question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site