The five highest performing cloud computing stocks year-to-date in the Cloud Computing Index are Akamai (NASDAQ: AKAM), Juniper Networks (NYSE:JNPR), F5 Networks (NASDAQ: FFIV), Workday (NYSE:WDAY), Fusion-IO (NYSE: FIO) and Riverbed Technology (NASDAQ:RVBD). $10,000 invested in Akamai on January 2nd of this year is worth $13,267 as of market close yesterday (2/21/14).
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IBM, Microsoft, Oracle and SAP share prices are included for comparison.
Workday’s (NYSE:WDAY) share price is up 20.79% year-to-date, delivering $12,284 on a $10K investment on January 2nd. Salesforce (NYSE:CRM) is up 15.22%, delivering a return of $11,591 on $10K invested in the same time period. NetSuite (NYSE:N) is up 12.18% for the year, delivering $11,339 on $10K invested. Veeva Systems (NYSE:VEEV) is up 9.19% year-to-date, delivering $10,841 invested on $10K on January 2nd.
Rapid time-to-market with new apps, the ability to accelerate sales cycles with a broad product and services mix, and rapidly growing customer bases are just a few of the many catalysts driving the growth of enterprise cloud computing companies in the index.
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 here to expand the index for easier reading.
Best Performing Cloud Computing Stocks, February 14 to 21, 2014
Worst Performing Cloud Computing Stocks, February 14 to 21, 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 31.39% over the last year, with NetSuite (NYSE:N) up 67.90%, Salesforce (NYSE:CRM) up 49.13%, IBM (NYSE:IBM) down 9.09%, Oracle (NYSE:ORCL) up 9.64% and SAP (NYSE:SAP) up .34%. Please click on the graphic to expand it 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