5 Top NASDAQ Tech Stocks: Datawatch Makes Gains to Lead

Seagate Technology, Tucows, Intevac and Perion Network were also the week’s top gainers.

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The NASDAQ Technology Sector (INDEXNASDAQ:NDXT) had a good week and was up 1.10 percent to end the week at 3,098.65 points by market close on Friday. 

The new year was ushered in with a ton of technology news, as the world descended on Las Vegas for the annual global consumer electronics and consumer technology tradeshow, CES, and then on Davos for the World Economic Forum Annual Meeting. Their Global Risks Report 2017 highlights risky technological innovation, such as cloud computing and 3D printing. Trump’s presidency is upon us and his strained relationship with tech leaders has been ranked as one of the biggest risks of 2017, in a report by Eurasia Group.

Despite remaining uncertainty surrounding the Trump presidency, here are last week’s top NASDAQ tech stocks in the computer software and processing industry:

  • Datawatch (NASDAQ:DWCH)
  • Seagate Technology (NASDAQ:STX)
  • Tucows (NASDAQ:TCX)
  • Intevac (NASDAQ:IVAC)
  • Perion Network (NASDAQ:PERI)

Here is a closer look at last week’s top gainers:

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Datawatch

Datawatch is engaged in the design, development, distribution and marketing of business computer software, particularly within the visual data discovery market. They recently reported their first quarter fiscal 2017 financial results, seeing total revenue of $8.23 million, a 17 percent increase from $7.06 million in the first quarter of 2016.

Shares of Datawatch gained 29.82 percent over the five-day trading period, and ended the week at $7.40 per share.

Seagate Technology

Seagate Technology is an American data storage company. They recently announced a positive forecast for their third quarter revenue, of about $2.7 billion, after higher-than-expected second quarter profits.

Shares of Seagate gained 22.02 percent over the five-day trading period, and ended the week at $44.50 per share.

Tucows

Tucows is an internet services company providing network access and domain names. They recently reported the acquisition of domain name registrar eNom from Rightside Group, which will see them become the second largest domain registrar in the world. They featured on this list last week too.

Shares of Tucows gained 19.24 percent over the five-day trading period, and ended the week at $51.45 per share.

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Intevac

Intevac is a provider of vacuum deposition equipment for thin-film applications, and sell digital night-vision technologies and products to the defense industry. Its two segments include Thin-film Equipment and Photonics. One of its customers, the United States military, buy integrated digital night vision imaging systems. Their last financial results, for the third quarter of 2016, “exceeded our expectations,” said Wendell Blonigan, CEO. Revenues were $22.6 million.

Shares of Intevac gained 14.91 percent over the five-day trading period, and ended the week at $9.25 per share.

Perion Network

Perion Network is a global tech company engaged in delivering advertising solutions to brands and publishers via its High Impact Advertising solutions segment. The company provides execution, ranging from high-impact advertisement formats to branded search, and a unified social and mobile programmatic platform, with business solutions that include Undertone, Codefuel, Growmobile, IncrediMail and Smilebox. They announced third quarter 2016 results, seeing a 41 percent year over year increase in revenues, mainly due to Undertone generating business.

Shares of Perion gained 12.74 percent over the five-day trading period, and ended the week at $1.77 per share.

Don’t forget to follow us @INN_Technology for real-time news updates. 

Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered. 

Securities Disclosure: I, Emma Harwood, hold no direct investment interest in any company mentioned in this article. 

Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access

This article is updated each week. Please scroll to the top for the most recent information. 

The NASDAQ Technology Sector (INDEXNASDAQ:NDXT) had a good week and was up 0.78 percent to end the week at 3,002.44 points by market close on Friday.

The new year has been ushered in with a ton of technology news, as the world descended on Las Vegas for the annual global consumer electronics and consumer technology tradeshow, CES, which finished last week. Trump’s presidency is now upon us and his strained relationship with tech leaders has been ranked as one of the biggest risks of 2017, in a report by Eurasia Group.

Despite remaining uncertainty surrounding the Trump presidency, here are last week’s top NASDAQ tech stocks in the computer software and processing industry:

  • Tucows (NASDAQ:TCX)
  • CYREN (NASDAQ:CYRN)
  • eGain Corporation (NASDAQ:EGAN)
  • Check Point Software Technologies (NASDAQ:CHKP)
  • LogMeIn (NASDAQ:LOGM)

Here is a closer look at last week’s top gainers:

Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access

Tucows

Tucows is an internet services company providing network access and domain names. They recently reported the acquisition of domain name registrar eNom from Rightside Group, which will see them become the second largest domain registrar in the world.

Shares of Tucows gained 13.55 percent over the five-day trading period, and ended the week at $43.15 per share.

CYREN

CYREN is a company that creates IT solutions for email, transaction and web protection. They recently reported increased channel growth and more product traction.

Shares of CYREN gained 10.26 percent over the five-day trading period, and ended the week at $2.15 per share.

eGain Corporation

eGain Corporation provides cloud customer engagement solutions. They recently reported their fiscal 2017 first quarter financial results, seeing total revenue of $14.7 million, down on $16.5 million the year before.

Shares of eGain Corporation gained 9.52 percent over the five-day trading period, and ended the week at $2.30 per share.

Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access

Check Point Software Tech

Check Point Software Tech is the largest pure-play security vendor globally. They recently announced their fourth quarter and full year 2016 financial results. For the last quarter they saw total revenue of $487 million, a six percent increase year over year.

Shares of Check Point gained 7.81 percent over the five-day trading period, and ended the week at $97.79 per share.

LogMeIn

LogMeIn is one of Boston’s largest cloud software companies. It was recently recognized as one of the 25 Highest Rated Public Cloud Computing Companies To Work For, by Battery Ventures and Glassdoor.

Shares of LogMeIn gained 7.18 percent over the five-day trading period, and ended the week at $107.45 per share.

Don’t forget to follow us @INN_Technology for real-time news updates.

Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.

Securities Disclosure: I, Emma Harwood, hold no direct investment interest in any company mentioned in this article.

Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access


This article is updated each week. Please scroll to the top for the most recent information.

The NASDAQ Technology Sector (INDEXNASDAQ:NDXT) had a good week and was up 1.67 percent to end the week at 2,979.19 points by market close on Friday. 

The new year has been ushered in with a ton of technology news, as the world descended on Las Vegas for the annual global consumer electronics and consumer technology tradeshow, CES, which finished this week. Trump’s presidency is fast approaching and his strained relationship with tech leaders has been ranked as one of the biggest risks of 2017, in a report by Eurasia Group.

Despite remaining uncertainty surrounding the Trump presidency, here are last week’s top NASDAQ tech stocks in the computer software and processing industry:

  • Iteris (NASDAQ:ITI)
  • Mimecast (NASDAQ:MIME)
  • Accelerate Diagnostics (NASDAQ:AXDX)
  • Avid Technology (NASDAQ:AVID)
  • Rocket Fuel (NASDAQ:FUEL)

Here is a closer look at last week’s top gainers:

Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access

Iteris

Iteris is an American company that applies big data findings to solve issues in transportation and agriculture, making commutes and roads safer. For example, with PedTrax, they measure pedestrian traffic on roads, identifying those on foot and on bikes, in order to perfect signal timings. They recently announced that insurance provider QBE NAU has signed a multi-year subscription agreement for Iteris’ ClearAg weather, wind and soil data technology, to improve crop reporting and reduce crop loss.

Shares of Iteris gained 20.21 percent year-to-date, and ended the week at $4.64 per share.

Mimecast

Mimecast is an international company managing cloud-based services for Microsoft. They have recently been named a leader in The 2016 Gartner Magic Quadrant for Enterprise Information Archiving.

Shares of Mimecast gained 13.82 percent year-to-date, and ended the week at $21.17 per share.

Accelerate Diagnostics

Accelerate Diagnostics is an in vitro diagnostics company focused on providing solutions for drug resistant organisms and hospital-acquired infections. They presented recently at the 35th Annual J.P. Morgan Healthcare Conference in San Francisco, which could have brought them to the attention of investors and a wider audience.

Shares of Accelerate Diagnostics gained 12.41 percent year-to-date, and ended the week at $22.65 per share.

Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access

Avid Technology

Avid Technology is the provider of an open and integrated technology platform, with corresponding applications and services that allow for the creation, distribution and monetization of audio and video content. The company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution. They recently signed a major framework agreement with Al Jazeera Media Network, continuing their strategic relationship and helping Al Jazeera realize its own cloud strategy.

Shares of Avid Technology gained 12.31 percent year-to-date, and ended the week at $5.11 per share.

Rocket Fuel

Rocket Fuel are experts on marketing technology who have recently shifted to mobile apps. They announced organizational changes in their bid to become a leading SaaS-based platform solutions company.

Shares of Rocket Fuel gained 11.46 percent year-to-date, and ended the week at $2.14 per share.

Don’t forget to follow us @INN_Technology for real-time news updates. 

Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered. 

Securities Disclosure: I, Emma Harwood, hold no direct investment interest in any company mentioned in this article. 

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Tech Forecast and Promising Tech Stocks To Buy in 2017

Learn about breakthrough technology about to impact lives around the globe. We cover the entire industry in our FREE investor’s report.   Gain Access
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