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Shares of Splunk Inc Rank the Highest in Terms of Relative Performance in the Application Software Industry (SPLK , ADSK , SNPS , GLUU , WDAY )

By Amy Schwartz

Below are the top five companies in the Application Software industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Splunk Inc (NASDAQ:SPLK ) ranks first with a gain of 3.07%; Autodesk Inc (NASDAQ:ADSK ) ranks second with a gain of 1.98%; and Synopsys Inc (NASDAQ:SNPS ) ranks third with a gain of 1.92%.

Glu Mobile Inc (NASDAQ:GLUU ) follows with a gain of 1.85% and Workday Inc-A (NASDAQ:WDAY ) rounds out the top five with a gain of 1.84%.

SmarTrend recommended that subscribers consider buying shares of Synopsys Inc on January 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $86.50. Since that recommendation, shares of Synopsys Inc have risen 36.1%. We continue to monitor Synopsys Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance splunk inc autodesk inc synopsys inc glu mobile inc workday inc-a