Couchbase vs. Cloudera: Which Data Management Stock is a Better Buy?
StockNews
Published Sep 14, 2021 05:44PM ET
Updated Sep 14, 2021 06:30PM ET
Couchbase vs. Cloudera: Which Data Management Stock is a Better Buy?
Surging demand for efficient and secure real-time data management platforms from enterprises amid the ongoing remote working trend should benefit Cloudera (NYSE:CLDR) and Couchbase (BASE). But which of these stocks is a better buy now? Let’s find out.Cloudera, Inc. (CLDR) in Palo Alto, Calif., is a well-known provider of data management platforms, while Couchbase, Inc. (BASE) in Santa Clara, Calif., is a budding player in this space. CLDR develops and distributes enterprise software for data management, machine learning, and advanced analytics. The company offers software subscriptions and public cloud services for its data hub, data warehouse, machine learning, dataflow, and Hortonworks data platform. Having gone public on July 22, 2021, BASE develops and provides a NoSQL database for enterprises in various industries worldwide. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premises environments to the edge.
With the resurgence of COVID-19 cases, as most enterprises delay their office reopening plans, the demand for effective and secure real-time data management platforms is expected to surge to facilitate the increased productivity from remote workforces. The global enterprise data management market is expected to grow at a 13.8% CAGR to $208.87 billion by 2028. So, both CLDR and BASE should benefit.
In terms of the companies’ past month’s performance, BASE is a winner with 6.9% price gains versus CLDR’s marginal returns. But which of these stocks is a better pick now? Let’s find out.
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