5 Top Weekly NASDAQ Tech Stocks: Apple Bolsters Tech Stocks

Data Investing
Data Investing

Attunity, Sify Technologies, eGain, Perion Network, and USA Technologies were last week’s top gainers.

The NASDAQ Composite (INDEXNASDAQ:.IXIC) was on the rise over last week’s trading period, rising slightly by 0.76 percent to 6,752.05 points as of 1:18 p.m. EST on Friday (November 3). Similarly, the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) also made slight gains, rising 0.45 percent to 3,954.42 points as of 1:22 p.m. EST Friday.
With the release of Apple’s (NASDAQ:AAPL) iPhone X on Friday–and its Q4 2017 fiscal results announced Thursday (November 2) where it reported a 12 percent increase in revenue–tech stocks were reaping the benefits, Reuters reported.
With that in mind, the 5 top microcap tech stocks that made gains last week includes:

  • Attunity (NASDAQ:ATTU)
  • Sify Technologies (NASDAQ:SIFY)
  • eGain (NASDAQ:EGAN)
  • Perion Network (NASDAQ:PERI)
  • USA Technologies (NASDAQ:USAT)

Here’s a closer look at those companies.

Attunity

First on our 5 top weekly NASDAQ tech stocks is Attunity, a provider of big data management software solutions. Its range of solutions includes Hadoop and Big Data, Data Warehousing, Database, Cloud and SAP, while some of its products includes Replicate, Compose, Gold Client and Visibility.
On November 2, the company released its Q3 financial results, highlighting an increase in revenue to $16.5 million compared at $13 million in the same quarter from the previous year. The news no doubt helped bolster Attunity’s share price, which increased 16.67 percent to $8.04 as of 2:31 p.m. EST on Friday.

Sify Technologies

Next on our list is Sify Technologies, an integrated ICT Solutions and services company based in India. Sify provides end-to-end solutions and its telecom network connects 48 data centers across the country.
That said, Sify didn’t have any company news during last week’s trading period, although that didn’t stop its share price from rising. Over the five-day period, shares of the company increased 10.56 percent to $1.56 as of 2:38 p.m. EST on Friday.

eGain

Middle of the pack on last week’s 5 top weekly NASDAQ tech stocks list is eGain, a company that provides cloud-based and on-site customer engagement software solutions.
Its range of products includes Knowledge+AI, Chat, Chatbots and virtual agents, Click to call, Cobrowsing, Sales offers and Web self-service.  On November 1, the company announced it will release its fiscal 2018 first quarter results on November 8, which may have impacted its share price rising. Over the five-day trading period, shares of eGain rose 4.1 percent to $3.20 as of 2:52 p.m. EST on Friday.

Perion Network

Next we have Perion Network, a company based in Israel that provides data-driven ad and search solutions for brands and publishers. Its search division, CodeFuel, helps developers increase search traffic and generate revenue, while its MakeMeReach platform drives marketing campaigns.
On that note, Perion didn’t have any news during last week’s trading period–still, its share price increased 3.84 percent to $1.08 as of 3:00 p.m. EST on Friday.

USA Technologies

Closing out our 5 top weekly NASDAQ tech stocks list is USA Technologies. Among its services, the company is a provider in the small ticket, food and beverage vending industry, as well as providing solutions to other markets such as amusement and commercial laundry.
Like some of the companies above, USA Technologies did not have any news during the trading week, although its share price is still worth noting. Over the week, USA Technologies’ share price rose a slight 3.2 percent to reach $6.45 as of 3:07 p.m. EST on Friday.
 


The NASDAQ Composite (INDEXNASDAQ:.IXIC) was on the rise over last week’s trading period, increasing 0.90 percent to 6,692.89 points as of 1:44 p.m. EST on Friday (October 27). Similarly, the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) also made slight gains, rising 0.99 percent to 3,930.98 points as of 1:48 p.m. EST Friday.
As reported by MarketWatch on Friday, the Nasdaq was on pace for its best daily record in almost a year, catapulted by Q3 earnings from Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL).
On that note, a number of microcap tech stocks also made gains last week, including:

  • Intevac (NASDAQ:IVAC)
  • Bsquare (NASDAQ:BSQR)
  • VASCO Data Security International (NASDAQ:VDSI)
  • RealNetworks (NASDAQ:RNWK)
  • American Software (NASDAQ:AMSWA)

Here’s a closer look at those companies.

Intevac

Topping last week’s 5 top weekly NASDAQ tech stocks list is Intevac, a company that provides vacuum deposition equipment for thin-film applications and digital night-vision technologies to the defense industry. Its range of services includes: processing systems, defense systems, HDD and adjacent technologies, digital night vision sensors and systems, application and engineering of thin films, and camera systems and sub-systems.
That said, Intevac didn’t have any company news during last week’s trading period although that didn’t affect its rising share price. Over the five day period, shares of Intevac increased 8.59 percent to $8.85 as of 3:40 p.m. EST on Friday.

Bsquare

Next is Bsquare, a provider of software solutions.  Bsquare’s flagship product, DataV, is an internet-of-things (IoT) software service that monitors device data, automate processes, and predicts events, to name a few.
On Tuesday (October 24), the company announced the scheduling of its Q3 earnings conference call, which will take place on November 7 at the close of market trading. While there were no additional details as to its Q3 results, the statement may still have impacted Bsquare’s share price, which increased 5.94 percent to reach $5.32 as of 2:15 p.m. EST on Friday.

VASCO Data Security International

Middle of the pack on our 5 top weekly NASDAQ tech stocks list is VASCO Data Security International, a cybersecurity company that provides services to the financial, enterprise, government, and health care sectors.
VASCO provides two-factor authentication, transaction data signing, document e-signature and identity management solutions through its wide range of products and software, which fall under the umbrellas of: DIGIPASS Authenticators, Mobile App Security, Fraud Management Platforms, and Document eSignatures.
The company announced on Thursday (October 26) its Q3 and first nine month results for 2017, highlighting a revenue increase of 17.1 percent o $51.1 million compared to $43.6 million in the same quarter from the previous year. As such, it’s no surprise VASCO’s share price was on the upward swing last week: over the five-day trading period, shares of VASCO rose 5.756 percent to $13.30 as of 2:48 p.m. EST on Friday.

RealNetworks

Real Networks provides internet streaming media delivery software through a wide range of products and services, such as: Gamehouse, Realmedia HD, Realplayer, Realtimes, Computer Vision, Mobile Carrier Services, and Helix.
That said, RealNetworks also didn’t have any news over the five-day market period. Still, it’s shares increased 0.62 percent to $4.88 as of 3:55 p.m. EST on Friday.

American Software

Closing out our 5 top weekly NASDAQ tech stocks list is American Software. The company develops supply chain management and enterprise software solutions, which are divided into three segments: Supply Chain Management, Enterprise Resource Planning, and Information Technology Consulting.
On that note, American Software didn’t have any company news during last week’s trading period, although its shares still climbed 0.61 percent to $12.340 as of 3:52 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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