Why I’m Bullish On Tableau

My Current Rating: Buy Investor sentiment on Tableau Software (NYSE:DATA) has gotten quite negative lately. With increased price pressure from competitors and the perception of the lack of a particular competitive moat by the company, the stock has gradually fallen out of favor. However, I’m going to go against the grain and rate Tableau as a buy at the current price of $53. If a company wants to conduct extensive data analysis – which, let’s face it, virtually all companies do in today’s data-driven world – there are two ways they can do it. Firstly, they can bring in talent, i.e. data scientists, programmers and other professionals skilled in data analysis to analyze the relevant data and come up with strategic insights. This involves the use of coding through various…


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