We looked at the Application Software 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.
Informatica (NASDAQ:INFA) ranks first with a gain of 2.62%; Bottomline Technologies (NASDAQ:EPAY) ranks second with a gain of 0.94%; and Citrix Systems (NASDAQ:CTXS) ranks third with a gain of 0.47%.
JDA Software Group (NASDAQ:JDAS) follows with a loss of 0.02% and Parametric Technology (NASDAQ:PMTC) rounds out the top five with a loss of 0.23%.
Informatica Corporation develops and markets enterprise software products and services. The Company's products enable companies to deploy and manage business intelligence and analytical applications across the enterprise. Informatica's products include an enterprise data integration hub, a data explorer, and on-demand solutions.