SaaS and Cloud Stocks Up Nearly 50% In 2009

MSPmentor’s SaaS 20 Stock Index, which tracks software as a service and cloud computing stocks, is up a whopping 47 percent so far in 2009, with three index members — Taleo Corp. (TLEO), SuccessFactors Inc. (SFSF) and Omniture Inc. (OMTR) — rising more than 100 percent so far this year. Here’s a closer look at the SaaS 20 Stock Index, and some changes we’ll be making to the index.

First, let’s set expectations: We don’t make buy, sell or hold recommendations. Rather, the SaaS 20 Stock Index allows us to track the relative health of the SaaS and cloud computing industry.

We launched the index in 2008 — and it generated a dismal first-year performance, falling roughly 50 percent as the recession pulled down all companies, including SaaS providers. But 2009 has been a different story. Of the 20 index members, 19 have seen their shares rise. And all of those increases involve double-digit returns so far this year.

Still, it’s time to make a few changes to the index. We want to make sure emerging cloud providers — such as Rackspace Cloud — are represented in the index. But before we make changes feel free to let me know who should stay and who should go. You can reach me via email: joe [at] NineLivesMediaInc.com.

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7 Comments on “SaaS and Cloud Stocks Up Nearly 50% In 2009”

  1. Saasmanario – Semana 40/2009 | Saasmania Says:

    [...] saas sube un 50%.- Un 50% respecto del año pasado y un 10% con respecto al mes de Julio. En este post se puede ver un análisis de estos [...]

  2. Servicii Web Design Says:

    Interesting. Thank you!

  3. Sim Aurile Says:

    Thanks a lot…Wonderfull…Happy for SaaS

  4. neo Says:

    Well, this is a good history data for today to take a new risk in the trading.

  5. manyak Says:

    thnx, this is a good history, waiting for 2010 statics…

  6. Baja RE Says:

    I agree with “MANYAK” it will surely be interesting to see what the 2010 statics will look like.

    Baja Real Estate – Rosarito Real Estate

  7. Joe Panettieri Says:

    For updated stats, check our sister site (TalkinCloud). We moved the stock index to that site since the content specifically covers cloud computing in the IT channel. Index now called the Talkin’ Cloud Stock Index. Updated weekly by Contributing Associate Blogger Matt Weinberger.
    -jp

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