5 Top Weekly NASDAQ Tech Stocks: eGain Tops the List

eGain, Netlist, Limelight Networks, Simulations Plus and Internet Gold Golden Lines were last week's top gainers.

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Last week, the NASDAQ 100 Technology Sector index (INDEXNASDAQ:NDXT) made a slight recovery gaining 1.33 percent to reach 3,442.46 points as of 2:08 p.m. EST on Friday.

On Wednesday (July 5), MarketWatch reported that tech stocks were on the rise this week, which no doubt contributed to the index’s overall point gains last week.

With that in mind, the 5 top weekly NASDAQ tech stocks were:

  • eGain (NASDAQ:EGAN)
  • Netlist (NASDAQ:NLST)
  • Limelight Networks (NASDAQ:LLNW)
  • Simulations Plus (NASDAQ:SLP)
  • Internet Gold Golden Lines (NASDAQ:IGLD)

Here’s a closer look at those companies.

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eGain

First on our top weekly NASDAQ tech stocks is eGain, a company that provides cloud-based and on-site customer engagement software solutions.

It has a number of products, ranging from: eGain CallTrack, eGain Track, eGain Virtual Assistant, and eGain ClickToCall, to name a few.

Last week, shares of eGain increased 18.18 percent to reach $1.95 as of 2:18 p.m. EST on Friday. Despite the share price increase, the company did not have any related news during the trading period.

Netlist

Next on our list is Netlist, a company that designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets.

The company was founded in 2000, and its flagship product includes NVvault™, a flash memory based subsystem that enables data retention following disasters, and EXPRESSvault™.

Shares of Netlist increased slightly by 6.86 percent last week to reach $1.08 as of 3:03 p.m. EST on Friday. That said, there was no related news on the company’s website to describe its share price increase.

Limelight Networks

Falling right in the middle of the pack is Limelight Networks, whose products and services range from: content delivery services, mobile delivery services, video content management services, performance services, cloud-based storage services and cloud-based content security services.

Much like the above two companies, Limelight Networks did not have any related news on its website during the trading period. Still, it’s share price increase is worth noting: last week, shares of Limelight increased 6.21 percent to $3.05 as of 3:05 p.m. EST on Friday.

Simulations Plus

Next is Simulations Plus, a company that develops and produces software for use in pharmaceutical research and for education. The company also provides consulting and contract research services to the pharmaceutical industry.  In particular, Simulations Plus offers five software products for pharmaceutical research, abbreviated ADMET (Absorption, Distribution, Metabolism, Excretion and Toxicity).

Last week, shares of Simulations Plus rose 4.05 percent to reach $12.80 as of 3:19 p.m. EST on Friday.  On July 5, the company announced  it will file its third quarter 2017 financial results on July 10, which may have contributed to its share price increase.

Internet Gold Golden Lines

Rounding out the list is Internet Gold Golden Lines, whose main asset is its controlling interest through B Communications in Bezeq-The Israel Telecommunications.

That said, the company did not have any related news during last week’s trading period. Still, its share price increased 1.67 percent to reach $9.15 percent as of 3:30 p.m EST on Friday.

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, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.

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

5 Top Weekly NASDAQ Tech Stocks: Datawatch Rises

While the NASDAQ 100 Technology Sector index (INDEXNASDAQ:NDXT) made a slight recovery just a week ago, last week it was back on the downward trend, losing 4.53 percent to 3,412.12 points as of 1:47 p.m. EST on Friday.

On Thursday (June 29), CNBC reported that top tech stocks on the index such as Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Google’s parent company, Alphabet (NASDAQ:GOOGL) were the main culprit’s to the index losing steam last week.

Still–other tech stocks were on the rise last week, despite the index’s overall loss. In particular, the 5 top weekly NASDAQ tech stocks were:

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  • Datawatch (NASDAQ:DWCH)
  • Internap (NASDAQ:INAP)
  • Meet Group (NASDAQ:MEET)
  • Avid Technology (NASDAQ:AVID)
  • Bsquare (NASDAQ:BSQR)

Here’s a closer look at those companies.

Datawatch

First on our 5 top weekly NASDAQ tech stocks list is Datawatch, a company that engages in design, development, marketing, distribution and support of business computer software, with a focus on self-service data preparation and visual data discovery markets.

At the start of the week (June 26), Datawatch announced that a firm called Baker Tilly Virchow Krause will “tap” Datawatch’s Monarch self-service data preparation platform in efforts to help healthcare companies optimize revenue cycle operations. As a result, it should come as no surprise that Datwatch’s shares were on the rise last week. Over the five-day trading period, shares of Datawatch were up 16.25 percent to reach $9.30 as of 2:10 p.m. EST on Friday.

Internap

Internap provides internet infrastructure through Colocation Business and Enterprise Services and even Cloud Services. The company has two primary segments: Data Center and Network Services, and Cloud and Hosting Services.

Shares of Internap increased 9.12 percent last week to reach $3.70 ass of 2:22 p.m. EST on Friday. Despite the company’s share price movement, there was no related news.

Meet Group

Middle of the pack of our 5 top weekly NASDAQ tech stocks is Meet Group, a company that includes a portfolio of various mobile applications. Meet Group also provides online marketing capabilities that allows marketers to showcase their ads in a number of different formants in different locations.

On Tuesday (June 27), Meet Group announced that it had entered into a corporate an agreement with Harvest Capital. As a result, this no doubt contributed to Meet Group’s share price increase over the five-day trading period. As of 2:32 p.m. EST on Friday, shares of the company increased 5.85 percent to $5.07.

Avid Technology

Next is Avid Technology, a company that develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution.

More specifically, Avid’s products are used in a variety of entertainment-related industries, such as: film studios, networks, affiliates, independent and cable television stations, recording studios, and so on.

On Friday (June 30), the company announced the findings of its inaugural Avid Customer Association Vote, which may have impacted its rising share price over the week. As of 2:35 p.m. EST on Friday, shares of Avid had moved 4.36 percent to reach $5.27.

BSquare

Rounding out the 5 top weekly NASDAQ tech stocks list is Bsquare, a company that provides software solutions and engineering services to business that develop, market, and sell purpose standalone intelligent systems.

In particular, Bsquare’s standalone intelligent systems include: connect computing devices, like smartphones, set-top boxes, point-of-sale terminals, and kiosks, automatic teller machines, and so on.

Over the five-day trading period, shares of BSquare were up 2.92 percent to reach $5.60 as of 2:50 p.m. EST on Friday. Despite the company’s share price increase, there was no related news during the week.

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, Jocelyn Aspa, 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

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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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