It was good week for the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT), which went up by 4.19-percent. Read on to learn about the companies which saw the top growth.
- ARI Network Services (NASDAQ:ARIS)
- Iteris Inc. (NASDAQ:ITI)
- MeetMe Inc. (NASDAQ:MEET)
- LivePerson (NASDAQ:LPSN)
- Internap Corp (NASDAQ:INAP)
ARI Network Services
ARI Network Services, Inc. creates software-as-a-service (SaaS) and data-as-a-service (DaaS) solutions that help equipment manufacturers, distributors and dealers in selected vertical markets be more productive online and in-store. Some of the company’s solutions include Web Platform Solutions, eCatalog Platform Solutions and Lead Management Product. Last week was a strong week for ARI, with higher than average trading volume and strong share price gain of 14.29-percent. It was also a busy week, with TCS, an ARI company, announcing an expanded partnership with Carfax to integrate myCARFAX Service Shop tools within its point-of-sale solutions Tire Power® and TireWorks HD® on Wednesday, July 8.
Iteris, Inc. also saw an increase in trading volume and share price last week, clocking in a 10.84-percent bump in share price. The company is a provider of information solutions for the intelligent traffic systems (ITS) and the precision agriculture markets. It operates through three segments: Roadway Sensors, Transportation Systems and Performance Analytics. Early investors in Iteris should be pleased: in addition to last week’s gains, the company has seen a monthly boost in share price of 31.54 percent and a year-to-date boost of 47.44-percent.
Regular readers of this roundup may be familiar with MeetMe, Inc., a social media technology company that owns and operates the MeetMe mobile applications and meetme.com. The company is a location-based social network for meeting new people both on the Web and on mobile platforms, including on iPhone, Android, iPad and other tablets that facilitate interactions among users. It operates by providing users with access to a menu of resources that promote social interaction, information sharing and other topics of interest. Last week, the company saw a gain of 10.32-percent, helping to continue its trend of significant gains. Last month, MeetMe, Inc. saw a 34.25-percent gain, while its year-to-date growth has been a whopping 64.25-percent.
LivePerson is a provider of mobile and online messaging technologies that power digital communication between brands and consumers. The company operates in business and consumer segments. The business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine, while the consumer segment facilitates online transactions between independent service providers and individual consumers seeking information and knowledge for a fee through mobile and online messaging. Share price of the company jumped on Thursday, when Benzinga reported that Benchmark upgraded the stock from a “hold” to “buy” rating. All told, the company saw a 9.78-percent boost last week.
Intermap Technologies Corporation is a global geospatial information company engaged in creating a range of geospatial solutions and analytics from its NEXTMap database. The company uses its NEXTMap three-dimensional (3D) digital models, together with aggregated third-party data, to create geospatial solutions for its customers. It then offers these geospatial solutions to a range of applications, including location-based information, geographic information systems (GIS), engineering, geospatial risk assessment, oil and gas, renewable energy, hydrology, environmental planning, land management, wireless communications, transportation, advertising and 3D visualization. Last week, share price for the company gained 9.78-percent, helping to offset the month’s loss of 2.52-percent.
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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.