Louis Columbus| Forbes
The five highest performing cloud computing stocks year-to-date on the Cloud Computing Index are Qualys QLYS -1.69% , Amazon, CA CA +1.11% Technologies, Workday WDAY -0.46%, and NetSuite.
A $10K investment in Qualys shares made on January 2nd of this year is worth $15,240.00 as of the market close on Friday December 6th, and $10K invested in Amazon shares for the same time period is worth just over $15K ($15038.00). 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 is a comparison of the best performing cloud computing stocks as of December 6, 2013:
Please see the full Cloud Computing Stock Index for market caps, average volumes, 52-week high and low share prices, Earnings per Share, Price/Earnings Ratio, and Beta. Please click on the graphic to expand it for easier viewing.
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 Stock Index.
Best Performing Cloud Computing Stocks, December 2 to December 6, 2013
Worst Performing Cloud Computing Stocks, December 2 to December 6, 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 Stock Index compared to NetSuite, Salesforce, IBM, Oracle and SAP is shown below. The index of nineteen companies included in the index has increased in value by 10.23% as of market close on December 6th with NetSuite (NYSE:N) increasing 44.96%, Salesforce (NYSE:CRM) increasing 28.21%, IBM (NYSE:IBM) down 7.25%, Oracle (NYSE:ORCL) up 6.48% and SAP (NYSE:SAP) up 2.29%. Please click on the graphic to expand it for easier viewing.
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 Stock 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.