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The Best And Worst Technology Company Stocks In 2017

Thirty-two of the 42 of the technology companies on our watch list recorded gains in the price of their publicly traded shares in 2017. Here's a look at who gained and who didn't.

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CEO: Marc Benioff

Dec. 30, 2016: $68.46

Dec. 29, 2017: $102.23

Change: +49.33%

CEO Marc Benioff has long vowed that Salesforce would be the first cloud software company to hit the $10 billion revenue threshold and the company is on the verge of achieving that goal in its fiscal 2018 that ends Jan. 31. The vendor, which recorded a $10 billion annual revenue run rate in its second and third quarters, is forecasting that sales for the fiscal year will be between $10.43 billion and $10.44 billion.

For the first nine months (ended Oct. 31) of fiscal 2018, Salesforce reported revenue of $7.63 billion, up 25 percent from $6.10 billion in the first nine months of fiscal 2017. But the company's $59.9 net income for the nine-month period was down markedly from the $231.1 million in net income the company recorded in the same period one year earlier.

Salesforce is forecasting that revenue in fiscal 2019 will reach $12.45 billion to $12.50 billion.

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