5 Top NASDAQ Tech Stocks: Netlist This Week’s Top Gainer

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Cloud Investing

A look at the top five tech gainers on NASDAQ this week.

It was strong week for the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT), which went up by 2.83-percent. A big leap between Monday and Tuesday, coupled with strong trading volume through the week on all markets meant that some tech companies saw great gains. Read on to learn about the companies which saw the top growth. 
  1. Netlist (NASDAQ:NLST)
  2. Park City Group (NASDAQ:PCYG)
  3. Actua Corp. (NASDAQ:ACTA)
  4. Lionbridge Technologies (NASDAQ:LIOX)
  5. Internap Corp (NASDAQ:ITI)

Netlist

Netlist designs, manufactures and sells a range of memory subsystems intended for data center servers and the high-performance computing and communications markets. These memory subsystems are combinations of dynamic random-access memory integrated circuits, NAND flash memory, application-specific integrated circuits and other components assembled on printed circuit boards.
Last week Netlist’s share price increased by 14.29-percent, bringing its year-to-date gain up to 31.06-percent. For weekly followers of this list, it’s no surprise that Netlist came out on top. Indeed, the last time it hit the top spot on our list was last month, when it also saw a 14.29-percent gain. Year-to-date, the company has seen a remarkable 62.34-percent gain.

Park City Group

Park City Group, Inc. is a software-as-a-service provider that delivers its services through software products designed, developed, marketed and supported by the company. Its product markets include multi-store retail and convenience store chains, branded food manufacturers, suppliers and distributors, and manufacturing companies. Meanwhile, its primary solutions are Scan Based Trading, Score Tracker, Vendor Managed Inventory, Store Level Replenishment, Enterprise Supply Chain Planning Suite, Fresh Market Manager and Action Manager.
The company saw a 11.34-percent increase over the past week, contributing to a 17.65-percent increase over the course of the month. Year-to-date, the company has seen a 9.32-percent decrease in share value.

Actua Corp.

Actua Corporation, formerly known as ICG Group, Inc., is a multi-vertical cloud technology company. It operates through two segments: the vertical cloud segment and the vertical cloud (venture) segment. The company’s vertical cloud-based businesses include Bolt Solutions Inc. (Bolt), Folio Dynamics Holdings Inc. (FolioDynamix), GovDelivery Holdings, Inc. (GovDelivery) and VelocityEHS Holdings, Inc. (VelocityEHS), while the vertical cloud (venture) businesses include InstaMed Holdings, Inc. (InstaMed) and Parchment Inc. (Parchment), which operate a cloud-based healthcare payments network and an education credentials technology, respectively.
The company saw a 10.55-percent boost in share prices last week, contributing to a monthly gain of 5.78-percent. This helps to offset a year-to-date loss of 12.14-percent.

Lionbridge Technologies

Lionbridge Technologies, Inc. is a provider of globalization solutions. The company provides translation, online marketing, global content management and application testing solutions that ensure local relevancy, global brand consistency and technical usability by operating in three segments: Global Language and Content (GLC), Global Enterprise Solutions (GES) and Interpretation Services. The company’s share price bumped up by 9.56-percent last week. Like the other companies on this list, Lionbridge Technologies has had a good month, seeing 9.29-percent boost.

Internap Corp.

Internap Corporation, formerly known as InterNAP Network Services Corporation, provides Internet infrastructure services. It operates through two segments: Data Center Services segment and Internet Protocol Services segment. The company offers hybrid Internet infrastructure services, which enables customers to mix and match cloud, hosting and colocation for the combination of services. It also offers availability across a global network of data centers, and services backed by service level agreements (SLAs). Last week, Internap saw a 9.56-percent boost in share price, contributing to a 9.29-percent growth over the past month.
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, Morag McGreevey, hold no direct investment interest in any company mentioned in this article.

 
 
 

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