4 tech companies to whom shareholders are giving thanks
Investors are showing the love for these technology stars, which are trading at or near all-time highs
What do Apple, IBM, Netflix and Salesforce.com have in common?
Not much on the surface. One's the leader in personal technology products, another is an information technology giant that offers a multitude of IT products and services, the third is a wildly popular on-demand video streaming provider and the fourth is a cloud-computing services specialist.
But what they all have in common these days are incredibly satisfied shareholders. Each of these companies shares are trading at or near record highs.
Apple (NASDAQ: AAPL)
Current price (through Tuesday): 308.73
All-time high (Nov. 9): 321.30
Gain so far in 2010: 46.5%
IBM (NYSE: IBM)
Current price: 143.18
All-time high (Nov. 9): 147.53
Gain so far in 2010: 9.4%
Netflix (NASDAQ: NFLX)
Current price: 187.71
All-time high (Nov. 23): 192.10
Gain so far in 2010: 240.7%
Salesforce.com (NYSE: CRM)
Current price: 142.50
All-time high (Nov. 23): 142.94
Gain so far in 2010: 93.2%
Here's a link to share price charts for all four companies in case you want to get really historical about it.
I know there are other tech companies with similarly impressive recent track records, like Yahoo and Microsoft (kidding!), but these came off the top of my head after writing about their recent earnings. If you know of others that are at or near all-time share highs, drop me a line. I'm planning to do a year-end post about the top 10 best tech stocks of 2010.
Have a happy Thanksgiving, everyone.
Chris Nerney writes about the business side of technology market strategies and trends, legal issues, leadership changes, mergers, venture capital, IPOs and technology stocks. Follow him on Twitter @ChrisNerney.