Software as a Service Stocks Rise 3 Consecutive Weeks

Software as a Service Stocks Rise 3 Consecutive Weeks

Software as a Service (SaaS) Stocks Rise AgainSoftware as a Service (SaaS) stocks are showing some strength, climbing three consecutive weeks. In the latest winning round, our SaaS 20 Stock Index climbed a modest 1.28 percent for the week ended Dec. 12.

The index's big weekly winners included SuccessFactors Inc. (SFSF, +23.95%) and Kenexa Corp. (KNXA, +18.40%). There were also some big weekly losers, including Salary.com (SLRY, -24.24%) and Vocus Inc. (VOCS, -20.25%). Here's some more background on each company.



The SaaS 20 Stock Index's two biggest weekly winners:

And the index's two biggest weekly losers:
Although the SaaS 20 Stock Index has climbed for three consecutive weeks, the index is still down more than 45 percent since the start of 2008.

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