• The company is growing at 40% on the basis of a unique capability which has such a wide range of applicability that it could be considered generic.
• This will keep growth going for years to come and create an ever increasing TAM.
• The shares are expensive but we’ve seen worse. When the markets calm down, this is a good company in which to start accumulating a position.

Source: Splunk’s Ever Increasing TAM Is A Beauty To Behold – Splunk Inc. (NASDAQ:SPLK) | Seeking Alpha