The five highest performing cloud computing stocks year-to-date in the Cloud Computing Index are Juniper Networks (NYSE:JNPR), Fusion-IO (NYSE: FIO), F5 Networks (NASDAQ: FFIV) Riverbed Technology (NASDAQ:RVBD) and Workday (NYSE:WDAY). A $10K investment in Juniper Networks shares made on January 2th of 2014 is worth $12,331.00 as of market close Friday, and $10K invested in Workday shares are worth $10,883.00. IBM, Microsoft, Oracle and SAP share prices are included for comparison.
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Of the enterprise software stocks tracked in the Cloud Computing Index, Workday (NYSE:WDAY) continues successfully compete and win against entrenched on-premise enterprise software competitors whose cost structures slow down their ability to compete with faster, more agile cloud competitors. Over the last year, Workday shares have appreciated 63.61% attaining a market cap today of $15.56B.
You can find Workday’s filings with the Securities and Exchange Commission here including their latest 10-Q, which provides a glimpse into their current operations.
The following graphic compares how $10,000 invested on January 2nd of this year in the highest performing cloud computing stocks, in addition to IBM, Microsoft, Oracle and SAP are valued today.
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 and this post is not meant to provide investment advice. It is simply a glimpse into the performance of these company’s stock prices over time. Please click on the graphic to expand for easier reading.
Best Performing Cloud Computing Stocks, January 20 to January 24, 2014
Worst Performing Cloud Computing Stocks, January 20 to January 24, 2014
Best Performing Cloud Computing Stocks In 2014
Worst Performing Cloud Computing Stocks In 2014
Comparing Cumulative Stock Performance Performance of the Cloud Computing Index over the last year is compared to NetSuite, Salesforce, IBM, Oracle and SAP is below. This index has been up 18.41% over the last year, with NetSuite (NYSE:N) up 54.67%, Salesforce (NYSE:CRM) up 34.38%, IBM (NYSE:IBM) down 12.35%, Oracle (NYSE:ORCL) up 4.88% and SAP (NYSE:SAP) down -4.34%. 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 twenty 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