SaaS Stocks Up Nearly 30% In First Half 2009

The worst of times have turned into the best of times for software as a service (SaaS) stocks. After a horrid performance in 2008, SaaS stocks rallied nearly 30 percent during the first half of 2009, according to Nine Lives Media Inc.’s SaaS 20 Stock Index. Here’s a look at the SaaS leaders to date…

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SaaS Stocks Continue Winning Streak

After a depressing 2008, software as a service stocks continue to rally in 2009. The latest example: Our SaaS 20 Stock Index rose 3.45 percent for the week ending April 10, and the index is up 8.68 percent since the start of 2009. Here’s a quick look at the SaaS industry’s year-to-date winners and losers.

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Kenexa Drags Down Software as a Service Stocks

MSPmentor’s SaaS 20 Stock Index declined 1.47% for the week ended September 12, dragged down by bad financial news at Kenexa Corp., which specializes in HR-related on-demand applications. It was the fourth consecutive week that our index, which tracks software as a service (SaaS) stocks, declined. Here’s what’s going wrong — and right — with SaaS stocks.

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Software as a Service Stocks Fall 3.41% for Week Ended Sept. 5

Software as a Service stocks, like the broader US markets, continue to struggle. MSPmentor’s SaaS 20 Stock Index fell 3.41% for the week ended September 5 — marking the third consecutive week that the index has declined.

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Salesforce.com (CRM) Raises SaaS Growth Concerns; Drags Down SaaS 20 Stock Index

Salesforce.com (CRM) delivered good news — and bad news — in its latest quarterly results, pulling down the SaaS 20 Stock Index 2.86 percent for the week ended August 22. It’s the first time since July 11 that our software as a service index has posted a weekly decline.

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Why Are SaaS Stocks Climbing Higher?

SaaS Stocks Climbing HigherAs I mentioned August 8, software as a service (SaaS) stocks have been moving higher lately. In fact, MSPmentor’s SaaS 20 Stock Index has climbed four consecutive weeks.

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