Best- And Worst-Performing Cloud Computing Stocks Of 2013
January 5, 2014
Grazed from Forbes. Author: Louis Columbus.
The five highest performing cloud computing stocks year-to-date on the Cloud Computing Index are Qualys (NASDAQ: QYLS), Amazon (NASDAQ:AMZN), NetSuite (NYSE:N), Workday (NYSE:WDAY) and CA Technologies (NASDAQ: CA).
A $10K investment in Workday shares made on January 4th of last year is worth $15,802 as of market close yesterday, and $10K invested in Qualys shares are worth $15,421 for the same time period. 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…
Amazon’s fastest growing business is Amazon Web Services (AWS), which posted a 56% year-over-year gain in revenues through Q3, 2013 based on an analysis of their financial statements available on the Amazon Investor Relations website. There have been numerous analyses and market projections of how large and valuable AWS will be in the future. Matt Asay’s analysis of AWS revenues, Amazon Web Services Worth $50 Billion By 2015, And That May Be Too Low provides insights into how Evercore Partners and Macquarie Capital are projecting revenues from AWS. Below is the Macquarie Capital analysis:…
Read more from the source @ http://www.forbes.com/sites/louiscolumbus/2014/01/04/best-and-worst-performing-cloud-computing-stocks-of-2013/