The Best (And Worst) Technology Stocks Of February


NetSuite

CEO: Zach Nelson

Jan. 31, 2014: $105.18
Feb. 28, 2014: $115.09
Change: 9.42%

Growth, rather than profitability, is what cloud application developer NetSuite is focused on, and shareholders apparently agree with that strategy.

For the fourth quarter, ended Dec. 31, NetSuite reported sales growth of 35 percent to $115 million and 34 percent sales growth for all of fiscal 2013 to $414.5 million. But net losses were $20.2 million and $70.4 million for the quarter and fiscal year, respectively.



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