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Top 5 Companies in the Internet Software & Services Industry with the Best Relative Performance (AKAM , INST , STMP , NTNX , ETSY )

By Amy Schwartz

We looked at the Internet Software & Services industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Akamai Technolog (NASDAQ:AKAM ) ranks first with a gain of 17.02%; Instructure Inc (NYSE:INST ) ranks second with a gain of 15.67%; and Stamps.Com Inc (NASDAQ:STMP ) ranks third with a gain of 8.65%.

Nutanix Inc - A (NASDAQ:NTNX ) follows with a gain of 6.26% and Etsy Inc (NASDAQ:ETSY ) rounds out the top five with a gain of 6.08%.

SmarTrend recommended that its subscribers protect gains by selling shares of Etsy Inc on October 5th, 2018 by issuing a Downtrend alert when the shares were trading at $45.24. Since that call, shares of Etsy Inc have fallen 13.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance akamai technolog instructure inc stamps.com inc nutanix inc - a etsy inc

Ticker(s): AKAM INST STMP NTNX ETSY