Top 10 Long-Term Big Data Stocks to Buy in January 2023


IBM and Amazon are among the top 10 long-term big data stocks you must consider this year

In the past decade, the domain of big data has steadily democratized the emergence of more advanced tools and technologies for crunching through the ever-growing large amounts of data. Big data stocks may not appear to be the most exciting technological investments available. But the companies that support them offer a service that is becoming more crucial. Making investment decisions is tricky because not all big data stocks provide steadier gains over time. So, we have curated the top 10 best long-term big data stocks to buy in January 2023. 

IBM

Current stock price: US$141.86

It’s an international company that provides integrated software solutions and services. While it provides services in Software, Consulting, Infrastructure, and Financing, the software segment includes data and artificial intelligence services. 

Alteryx

Current share price: US$53.90

Alteryx is an analytic process and automation company that operates in the Asia-Pacific, Europe, the Middle East, Africa, Latin America, and internationally. The analytics platform helps organizations enhance business outcomes and productivity. It is one of the top 10 long-term big data stocks to buy in January 2023

MongoDB

Current share price: US$207.05

Its general-purpose database platform offers advanced analytics and database services. MongoDB Enterprise Advanced, a commercial database server for enterprise enables cloud, on-premise, or a hybrid environment. The hosted multi-cloud database-as-a-service solution and Community Server, MongoDB Atlas is a free-to-download version of its database. 

Splunk

Current share price: US$93.10

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

Snowflake

Current share price: US$150.30

Snowflake Inc, is a cloud-based data platform offering its services globally. It helps customers to consolidate data into a single source to drive meaningful business insights, build data-driven applications, and share data. It is one of the top 10 long-term big data stocks to buy in January 2023

Datadog

Current share price: US$75.29

It is a monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud. The SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, and security monitoring to enable real-time observability of its customer’s technology stack. 

Salesforce

Current share price: US$155.87

Salesforce designs cloud-based enterprise software for customer relationship management. The company uses its cloud-based enterprise software to engage in salesforce automation, customer service support, and digital commerce, in addition to helping customers with big data analytics. 

Palantir Technologies Inc

Current share price: US$7.30

Palantir Technologies Inc. builds and deploys software platforms for intelligence operations. Its software platform Palantir Gotham, enables users to identify patterns hidden deep within datasets, 

Amazon

Current share price: US$97.52

Amazon. com, Inc. engages in the retail sale of consumer products, and its web service platform AWS helps users build and deploy big data analytics applications with the ability to scale up any big data application, including data warehousing, clickstream analytics, and IoT processing. 

Elastic

Current share price: US$57.31

It is a search company that provides technology solutions designed to run in public or private clouds in multi-cloud environments. Elastic Stack, a set of software products that store data from various sources and formats, as well as perform a search, analysis, and visualization, is one of its primary offerings. It is one of the top 10 long-term big data stocks to buy in January 2023

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