The six highest performing cloud computing stocks year-to-date in the Cloud Computing Index are Akamai (NASDAQ: AKAM), Fusion-IO (NYSE: FIO), F5 Networks (NASDAQ: FFIV), Workday (NYSE:WDAY), Qualys (NASDAQ: QYLS), and Juniper Networks (NYSE:JNPR). A $10K investment in Akamai shares made on January 2nd of this year is worth $13,110 as of market close yesterday.
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Workday continues to see gains in their share price, delivering $12,484 on $10K invested on January 2nd of this year. Institutional investors continued to add Workday to their portfolios, with 24.7% of the company’s stock being held by this class of investor today. 27.3% of Qualys stock is presently held by institutional investors. In future updates of the Cloud Computing Index I will be providing the percentage of institutional ownership by stock.
IBM, Microsoft, Oracle and SAP share prices are included for comparison.
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, March 3rd to 7th, 2014
Worst Performing Cloud Computing Stocks, March 3rd to 7th, 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 28.39% over the last year, with NetSuite (NYSE:N) up 45.90%, Salesforce (NYSE:CRM) up 30.73%, IBM (NYSE:IBM) down 10.78, Oracle (NYSE:ORCL) up 8.74% and SAP (NYSE:SAP) down 6.03%. 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