The Best (And Worst) Third-Quarter Technology Vendor Stocks


NetSuite

CEO: Zach Nelson

June 28, 2013: $91.74
Sept. 30, 2013: $107.90
Change: 17.7%

NetSuite shares were one of the strongest performing stocks on our watch list in the first half of 2013, rising more than 36 percent, and that surge has continued in the third calendar quarter.

The cloud application vendor has yet to turn a profit as the company's focus has been on growth. And growing it is, with sales in the company's second quarter (ended June 30) growing 30 percent to $101.0 million. And, the company's channel partners are benefiting from that: NetSuite's worldwide channel business grew more than 70 percent year-over-year in the second quarter.