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Cloud Computing Stocks on the Rise

By Edward F. Moltzen CRN
4:00 PM ET Wed. Jan. 26, 2011
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Terremark Worldwide

The Miami, Fla.-based hosting company focuses on the big boys: its hundreds of customers include among the largest enterprises, including AT&T, Fujitsu, Google and even the San Francisco 49ers. With double-digit revenue growth and significant investment in its data center infrastructure over the past year, investors have driven its value up by a whopping 129 percent between Nov. 27, 2009 and Jan. 19, 2011. (Recently, though, some if its shares have pulled back as a few analysts have questioned its stock valuation.) Terremark holds the title of the best-performing cloud stock in this group.

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