The packaged software industry includes companies that offer multiple software programs bundled together to make a complete set. Microsoft Office, for example, is a packaged software as it includes many other applications, such as Microsoft Excel, Microsoft Word and others.<\/p>\n
The demand for packaged software is on the rise primarily due to growing IT investment in the retail industry. Let\u2019s take a look at the 10 best-performing packaged software companies in 2022 (so far).<\/p>\n
We have used the year-to-date return data of the packaged software stocks to rank the 10 best-performing packaged software companies in 2022.<\/p>\n
Founded in 1996 and headquartered in Lancaster, Calif., this company offers modeling and simulation software, as well as consulting services. Simulations Plus Inc (NASDAQ:SLP) shares are up by almost 1% in the last three months and up over 26% in the last year.<\/p>\n
As of this writing, Simulations Plus shares are trading at above $49 (52-week range of $106.48 to $162.36), giving it a market capitalization of more than $980 million.<\/p>\n
Founded in 1999 and headquartered in Foster City, Calif., this company offers cloud security and compliance solutions. Qualys Inc (NASDAQ:QLYS) shares are up by over 14% in the last three months and up almost 30% in the last year.<\/p>\n
As of this writing, Qualys shares are trading at above $142 (52-week range of $106.48 to $162.36), giving it a market capitalization of more than $5.40 billion.<\/p>\n
Founded in 1997 and headquartered in Zhuhai, China, this company develops SaaS solutions and Blockchain applications. Powerbridge Technologies Co Ltd (NASDAQ:PBTS) shares are down by over 11% in the last three months and down almost 49% in the last year.<\/p>\n
As of this writing, Powerbridge Technologies shares are trading at above $0.50 (52-week range of $0.2518 to $2.2100), giving it a market capitalization of more than $50 million.<\/p>\n
Founded in 1989 and headquartered in Fort Lauderdale, Fla., this company offers information technology solutions, including a digital workspace that unifies apps, data and services. Citrix Systems, Inc. (NASDAQ:CTXS) shares are up by almost 7% in the last three months but are down by over 3% in the last year.<\/p>\n
As of this writing, Citrix Systems shares are trading at above $103 (52-week range of $78.07 to $108.84), giving it a market capitalization of more than $13 billion.<\/p>\n
Founded in 1979 and headquartered in Santa Monica, Calif., this company develops and publishes interactive entertainment content and services. Activision Blizzard, Inc. (NASDAQ:ATVI) shares are down by almost 4% in the last three months and down over 3% in the last year.<\/p>\n
As of this writing, Activision Blizzard shares are trading at above $74 (52-week range of $56.40 to $86.90), giving it a market capitalization of more than $58 billion.<\/p>\n
Founded in 2007 and headquartered in Nashville, Tenn., this company develops a healthcare technology platform to offer data and analytics-driven solutions. Change Healthcare Inc (NASDAQ:CHNG) shares are up by over 19% in the last three months and up over 31% in the last year.<\/p>\n
As of this writing, Change Healthcare shares are trading at above $27 (52-week range of $18.97 to $27.59), giving it a market capitalization of more than $8.90 billion.<\/p>\n
Founded in 1993 and headquartered in Richmond, British Columbia, Canada, this company offers device-to-cloud and networking solutions, and operates through Embedded Broadband and Internet-of-Things Solutions (IoT) segments. Sierra Wireless, Inc. (NASDAQ:SWIR) shares are up by almost 31% in the last three months and up over 97% in the last year.<\/p>\n
As of this writing, Sierra Wireless shares are trading at above $30 (52-week range of $13.44 and $30.97), giving it a market capitalization of more than $1 billion.<\/p>\n
Founded in 2006 and headquartered in Bartlett, Tenn., it is a technology-driven company that has developed a supply chain software platform. Surgepays Inc (NASDAQ:SURG) shares are down by almost 3% in the last three months and down almost 22% in the last year.<\/p>\n
As of this writing, SurgePays shares are trading at above $4.60 (52-week range of $1.7600 to $7.3000), giving it a market capitalization of more than $59 million.<\/p>\n
Founded in 2014 and headquartered in Beijing, China, this company offers advisory services to small and medium enterprises via a peer-to-peer knowledge sharing and enterprise service platform. Sunrise New Energy Co Ltd (NASDAQ:EPOW) shares are up by over 57% in the last three months and up over 36% in the last year.<\/p>\n
As of this writing, Sunrise New Energy shares are trading at above $2.40 (52-week range of $1.0500 to $6.4200), giving it a market capitalization of more than $68 million.<\/p>\n
Founded in 1991 and headquartered in Herzliya, Israel, this company provides cloud delivered Software-as-a-Service cybersecurity solutions. Cyren Ltd (NASDAQ:CYRN) shares are down by almost 51% in the last three months but are up by over 60% in the last year.<\/p>\n
As of this writing, CYREN shares are trading at around $1 (52-week range of $0.1800 to $13.8700), giving it a market capitalization of more than $8 million.<\/p>\n
This article originally appeared on ValueWalk<\/i><\/p>\n
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