The five highest performing cloud computing stocks year-to-date on the Cloud Computing Index are Amazon (NASDAQ:AMZN), Qualys (NASDAQ: QYLS), CA Technologies (NASDAQ: CA), Workday (NYSE:WDAY), and NetSuite (NYSE:N).
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A $10K investment in Workday shares made on January 2nd of this year is worth $15,509.00 as of the market close on Friday December 27th, and $10K invested in Amazon shares for the same time period is worth $15,471.00.
Included in the comparison is the annualized gain or loss and total gain or loss of IBM, Microsoft, Oracle and SAP shares for the same time period. The following graph provides a comparison of the best performing cloud computing stocks as of December 27, 2013:
Please see the full Cloud Computing Index for market caps, average volumes, 52-week high and low share prices, Earnings per Share, Price/Earnings Ratio, and Beta. I am using the Google Finance Portfolio option to track the performance of these stocks. For information on how this index was created, see the description at the end of this post. I do not hold equity positions or work for any of the companies mentioned in this blog post or included in the Cloud Computing Index. Please click on the graphic to expand for easier reading.
Best Performing Cloud Computing Stocks, December 23 to December 27, 2013
Worst Performing Cloud Computing Stocks, December 23 to December 27, 2013
Best Performing Cloud Computing Stocks Year-To-Date, 2013
Worst Performing Cloud Computing Stocks Year-To-Date, 2013
Comparing Cumulative Stock Performance
Year-to-date performance of the Cloud Computing Index compared to NetSuite, Salesforce, IBM, Oracle and SAP is shown below. This index has been up 13.19% YTD, with NetSuite (NYSE:N) up 47.46%, Salesforce (NYSE:CRM) up 29.57%, IBM (NYSE:IBM) down 3.37%, Oracle (NYSE:ORCL) up 13.55% and SAP (NYSE:SAP) up 6.74%. Please click on the graphic to expand for easier reading.
Specifics on the Cloud Computing Stock Index
I used The Cloud Times 100 as the basis of the index, selecting nineteen companies all of which are publically traded. The latest edition of the Cloud Computing Index is shown here. The filter applied to these companies is that 50% or more of their revenues are generated from cloud-based applications, infrastructure and services.
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