A Look at Some Top Performing Tech Stocks for 2012
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No surprise that many of the 2012 tech winners were in the cloud space
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Robert DeFrancesco’s TechStockProspector.com December 26, 2012 A Look at Some Top Performing Tech Stocks for 2012 NOW AVAILABLE: The December 2012 issue of Tech-Stock Prospector for your Amazon Kindle or Kindle for iPad/iPhone reading app. Here are some of the topics covered in the December 2012 issue: *8 Disruptor Tech Companies for 2013 *Splunk delivers the growth *Salesforce still showing disruptor qualities *A look at Eloqua & ExactTarget *The Aruba Networks battle against Cisco heats up *Akamai inks CDN alliance with AT&T *Cisco wants more software revenue *Is Acme Packet poised for a rebound? *Why Palo Alto Networks is winning market share *Infoblox surprises to the upside *Valuing fast-growing Workday in the SaaS segment *Analysts weigh in on Riverbed’s OPNET purchase *Fortinet shares regroup following pullback *Fusion-IO positioned for growth in flash storage *TSP Deal Report: Sourcefire Order the December 2012 issue here: http://www.amzn.com/B004T6Z0ME ------------------------------------------------------------------------------------------------------------ Here is a sampling of some winning tech stocks for 2012: *Rackspace Hosting (RAX, $72.27), a provider of cloud services, saw it shares advance 68% for the year. But it wasn’t a straight shot to this stellar performance, as the stock rallied into the spring and then sold off sharply during the summer, falling to a low of $40.57 in late July. The consensus revenue estimate for 2013 indicates expected growth of 26.1%. *One of the biggest competitive battles in the enterprise tech world these days is between Oracle (ORCL, $33.61) and Salesforce.com (CRM, $166.34). Both were winning stocks in 2012, but Salesforce took the #1 spot among the two by a wide margin, rising 63.9% against a 31% gain for Oracle shares. *Shares of enterprise cloud-software provider Ultimate Software (ULTI, $93.80) have come down a bit from the 52-week high of $106.40, but the stock is still up 44% YTD, having ended 2011 at $65.12. The company is performing well on the top and bottom lines, with 2012 EPS expected to come in at $1.01, up from 65 cents last year, on revenue growth of 23%. For 2013, the consensus estimates: EPS of $1.39 on revenue of $409.8 million (estimated top-line growth of 23.8%). *One of the big cloud-software winners for 2012 is NetSuite, (N, $66.50). The shares ended 2011 at $40.55, giving them a YTD gain of 63.9%. Last week, the stock traded to a new 52-week high at $67.82. For 2013, analysts on average look for NetSuite to come in with impressive top-line growth of 29%. *The winning social networking play for 2012 was LinkedIn (LNKD, $115.29). The stock ended 2011 at $63.01, giving it a stellar YTD return of 82.9%. *It hasn’t been a bad year for shareholders of Akamai Technologies (AKAM, $41.39), as the stock has gained 28.2% from the 2011 close of $32.28. The shares last week hit a new 52-week high at $41.88. *Yahoo (YHOO, $19.57) shares are back on the winning track, gaining 21.3% for the year. *********************************************************************************** Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for iPad/iPhone reading app. Here’s the Kindle link: http://www.amzn.com/B004T6Z0ME ------------------------------------------------------------------------------------------------------ Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20 years of experience covering the tech sector. He is a former senior writer with Louis Rukeyser’s Wall Street. TechStockProspector.com, launched in 2003, is an investment-research service focused primarily on the networking, storage, security, wireless and software sectors. Annual subscription: $350. For more information or to place an order, call 800-392-0998.
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