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$CLDR Breaks Out Of Its Wedge, Higher Prices Ahead

Long
NYSE:CLDR   None
$CLDR continues to climb and just broke out of its wedge. We first alerted our subscribers back in August when $CLDR was just $6.60 a share. Since that time, subscribers are sitting on gains of 42% and we believe there's much more to be had.

Cloudera, Inc. provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data. The company also provides Cloudera DataFlow, a data platform that collects, curates and analyzes data; Hortonworks Data Platform, a data management platform that helps organizations to securely store, process, and analyze various data assets; Cloudera Data Science Workbench that enables self-service data science for the enterprise; Cloudera Altus, a platform-as-a-service offering; and Cloudera Fast Forward Labs, which delivers applied research in machine learning and artificial intelligence to its customers. In addition, it offers Cloudera SDX, a solution that enables common security, governance, and metadata management for multiple analytics functions; Cloudera Workload XM, an analytic workload experience management cloud service; Hortonworks DataPlane Service, a data fabric that enables businesses to discover, manage, and govern their data; and Hortonworks Cybersecurity Platform, which offers a single, comprehensive view of business risk through a security lens. Further, the company provides consulting, professional, and education services. It serves corporate enterprises and public sector organizations primarily through its direct sales force. It has strategic partnerships with Intel Corporation, IBM, and Hitachi, Ltd. The company was founded in 2008 and is headquartered in Palo Alto, California.

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