Here’s Why Cloud Computing Stocks are in Demand Now

Oracle (NASDAQ:ORCL) just announced its acquisition of customer experience management firm, RightNow (NASDAQ:RNOW) for $43 a share — a premium of 20% to Friday close.

CRM firm Salesforce.com (NYSE:CRM) is off slightly on the news of Oracle’s (NASDAQ:ORCL) growing muscle in the space. Other cloud software companies’ stocks are, however, up 4-8% on hopes that they could also be acquired by Oracle (NASDAQ:ORCL)Salesforce (NYSE:CRM), or SAP (NYSE:SAP).

Investing Insights: Cloud Computing: Your Cheat Sheet to the Cloud Business Landscape.

Here are some of the prospective acquisition targets in the cloud computing space:

  • NetSuite Inc (NYSE:N): The shares recently traded at $37.78, up $2.76, or 7.88%, on the day.  The shares have traded in a 52-week range of $19.63 to $42.18 and its market capitalization is $2.54 billion.  About the company: NetSuite Inc. provides relationship management software solutions . The Company offers a comprehensive suite of enterprise resource planning, or ERP, customer relationship management, or CRM, and e-commerce solutions..
  • Taleo Corporation (NASDAQ:TLEO): The shares recently traded at $30.94, up $1.65, or 5.61%, on the day.  The shares have traded in a 52-week range of $21.44 to $38.28 and its market capitalization is $1.28 billion.  About the company: Taleo Corporation is a provider of enterprise staffing management solutions that enable large organizations to establish, automate and manage worldwide staffing processes for professional, hourly and temporary staff.
  • LivePerson (NASDAQ:LPSN): The shares recently traded at $12.56, up $1.01, or 8.78%, on the day.  The shares have traded in a 52-week range of $8.63 to $14.95 and its market capitalization is $665.64 million.  About the company: LivePerson, Inc. provides technology that facilitates real-time sales and customer service for companies doing business on the Internet. The Company, an application service provider, offers its real-time interaction technology as an outsourced service. The LivePerson service enables its clients to communicate directly with Internet users via text-based chat.
  • SuccessFactors (NASDAQ:SFSF): The shares recently traded at $26.04, up $2.03, or 8.45%, on the day.  The shares have traded in a 52-week range of $19.46 to $40.44 and its market capitalization is $2.06 billion.  About the company: SuccessFactors, Inc. provides on-demand performance and employee software solutions to help organizations optimize their performance.
  • DemandTec (NASDAQ:DMAN): The shares recently traded at $7.29, up $0.42, or 6.11%, on the day.  The shares have traded in a 52-week range of $5.41 to $14.08 and its market capitalization is $242.65 million.  About the company: DemandTec, Inc. provides consumer demand management (CDM) software. The Company’s software captures and analyzes recent retailer and market-level data to provide a scientific understanding of consumer behavior.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>