As 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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Why Are SaaS Stocks Climbing Higher?
Posted August 10th, 2008 by Joe Panettieri
SaaS 20 Stock Index Rises 3.30% for Week Ended August 1
Posted August 1st, 2008 by Joe Panettieri
Led by Salary.com, the SaaS 20 Stock Index, which tracks the software as a service market, has posted one of its strongest showings this year. The index rose 3.30% for the week ended August 1 — easily beating one-week performances for the Dow (down 0.5%) and the S&P 500 (up .02%).
SaaS 20 Stock Index Slides 1.75% for the Week
Posted June 21st, 2008 by Joe Panettieri
MSPmentor’s SaaS 20 Stock Index, which tracks the software as a service industry, slid 1.75 percent for the week ended June 20, 2008. But that’s not so bad, considering the Dow slipped 4 percent on the week and hit a 3-month low.
SaaS Stocks Down 12% So Far In 2008
Posted June 9th, 2008 by Joe Panettieri
The next time somebody tells you software as a service (SaaS) is a home-run opportunity, tell them to take a close look at MSPmentor’s SaaS 20 Stock Index, which tracks many of the world’s “leading” SaaS companies.
