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Sky-mobi is Among the Companies in the Application Software Industry with the Best Relative Performance (MOBI, VHC, AZPN, SNCR, CNQR)

By Shiri Gupta

Here are the top 5 stocks in the Application Software industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Sky-mobi (NASDAQ:MOBI) ranks first with a gain of 6.10%; VirnetX Holding (AMEX:VHC) ranks second with a gain of 4.58%; and Aspen Technology (NASDAQ:AZPN) ranks third with a gain of 4.53%.

Synchronoss Technologies (NASDAQ:SNCR) follows with a gain of 3.91% and Concur Technologies (NASDAQ:CNQR) rounds out the top five with a gain of 3.56%.

SmarTrend recommended that its subscribers protect gains by selling shares of Concur Technologies on March 7th, 2014 by issuing a Downtrend alert when the shares were trading at $117.00. Since that call, shares of Concur Technologies have fallen 18.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance sky-mobi amex:vhc virnetx holding aspen technology synchronoss technologies concur technologies