Friday, December 23, 2011

Investopedia: 2011 In Review - Software Stagnates

Technology has not had a great year in 2011, and that's certainly true in the software space. While ETFs are not often perfect benchmarks, looking at the iShares S&P North American Technology - Software Index Fund (ARCA:IGV) shows a year-to-date decline of more than 4%. As is so often the case, though, even a down year for an overall industry can still be a very strong year for individual stocks. What worked and what didn't in 2011, in the software space? (For related reading, see A Primer On Investing In The Tech Industry.) 


Diversity at the Top 
Looking at some of the top performers in software this year, it is notable that there isn't necessarily all that much unifying the stories. NetSuite (NYSE:N) has been the strongest software company of any size this year, nearly doubling due both to ongoing growth in cloud computing and renewed takeover speculation in recent weeks.


Please click here for the full story:
http://stocks.investopedia.com/stock-analysis/2011/2011-In-Review---Software-Stagnates-IGV-N-CVLT-SAP-1223.aspx

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