9 Hottest Tech Companies In 2015
With summer almost over, it’s time to look back at the hottest tech companies so far in 2015. We reviewed a wide range of industries that make up the technology sector. Those that made it to the list include – wearables (Fit), data security (Cyberark, Rapid7), analytics (Hortonworks, New Relic, Hubspot, Yodlee) and commerce (Shopify, Wayfair).
This list was narrowed down to those that had gone through an IPO in the last 12 months, and further reduced to 9 of those that were still running hot in the markets. This is certainly not a “quant” driven list, and the metrics could be tweaked, altered, added, deleted and otherwise changed to come up with a completely different list altogether. By whatever standards, the companies on this list are definitely interesting, exciting and worth watching.
Chances are you may even be using them in your personal life, or at your business.
Leading the list is Cyberark – the “security company laser-focused on striking down targeted cyber threats that make their way inside — undetected — to attack the heart of the enterprise.” (NASDAQ: CYBR) IPO at $16, now trading in the high $50’s.
Number two is Fitbit – the wearable, wireless band of electronics and sensors that “could bring amazing experiences to fitness and health”. (NYSE: FIT) IPO at $20, now trading in the mid $40’s.
Coming in third is Shopify – “making commerce better for everyone, so businesses can focus on what they do best: building and selling their products”. (NYSE: SHOP) IPO at $17, now trading in the mid $30’s.
Wayfair is mid-point on the list. “Wayfair offers a zillion things for the home. With one of the world’s largest online selections of furniture, home furnishings, décor and goods, including more than seven million products from over 7,000 suppliers”. (NYSE: W) IPO at $49, now trading around $50.
Fifth in the roundup is Hortonworks – “The leading contributor to and provider of Apache™ Hadoop®” and “an enterprise-grade data management platform that enables a centralized architecture for running batch, interactive and real-time applications simultaneously across a shared dataset”. This means working with Big Data, which is now big money. (NASDAQ: HDP) IPO at $16, now trading around $26.
At spot number six is Hubspot – “powerful, easy to use, integrated set of applications, businesses can attract, engage, and delight customers by delivering inbound experiences that are relevant, helpful, and personalized”. (NYSE: HUBS) IPO at $25, trading in the high $40’s
Seventh is Rapid7 – “engineering better security with simple, innovative solutions for IT security’s most critical challenges”. (NASDAQ: RPD) IPO at $16, trading around $20.
Coming in at number eight, New Relic – “a Software Analytics company that makes sense of billions of metrics across millions of apps”. (NYSE: NEWR) IPO at $23, trading in the mid $30’s.
Last on this list is Yodlee – “transforming data and insights into scalable personal financial management solutions for banks, entrepreneurs and the people they serve”. (NASDAQ: YDLE) IPO at $12, trading around $17.
While these are some fantastic gains, the reality is that it’s often difficult (impossible?) for individual investors to buy in at the IPO price. Many of these companies saw their opening day stock price surge up to where they are now trading today.
Which companies do you think should be on the list? Let us know in the comments below.