Another month of SaaS is in the books and it’s time to share July 2018’s performance. This month was complete with plenty of highs and lows. Hopefully next month we end on a high!
July 2018 SaaSy Index Performance: -1.10%
June 2018 SaaSy Index Performance: 1.73%
May 2018 SaaSy Index Performance: 0.80% (May 11-30th)
Cumulative Benchmark Comparison from inception of the index in May 2018
July was another volatile month within the SaaS index, but I think we are headed to new highs in August. The chart below will give you a better idea of how much things change on a day to day basis.
I’m still very bullish on SaaS, but expect it to remain fairly volatile. Over the long haul I believe these stocks will significantly outperform the market.
Your SaaS aficionado