Fastest Growing 09 Stock

Technology does not drive change -- it enables change.

by:Tim Sighter

As you know the technology industry has been growing exponentially over the past decade and these 7 companies will continue to make their mark over the next decade.

7.FalconStor Software Inc (FALC)

Falconstor is involved in the backup of disks and archives.Their Ceo ReiJane Huai founded the company in 2000 and ever since had been growing with a staggering 57% 5-yr sales growth.Currently FALC is quickly rising but take caution as its not the most stable Tech stock out in the market. But what they will likely do and do well is to come out with a new product in a short period of time that is very effective and target's the right niche of people,which FalconStor is known to do and in the process make their stock double.

6.Euronet Worldwide (EEFT)

Euronet Worldwide is known for their success in the banking software industry and are renowned for their growth. Currently Euronet is rising out of their slump and are trying to get back on track with 5 year growth projected to be 69%. What is special about this firm is their isolation in their industry as it isn't the biggest, which brings more fortune following a success but more stock drop with a failure,so extensive research about upcoming events in the companies future is a must if your thinking of buying a share of stock.

5.Ceradyne(CRDN)

Ceradyne is a powerhouse in the stock world and in the real world. Located in Costa Mesa, California, Ceradyne Inc. is a fully integrated developer and manufacturer of advanced technical ceramic products and components for defense, industrial, nuclear, electronic, and medical markets. Today Ceradyne is not at the top of its game. But we invest for tomorrow in mind and the leverage that Ceradyne has is that they are considered a prime supplier of body armor receiving millions daily for the production of items that involve defense.

4.Yahoo (YHOO)

There are many good things that can be said about Yahoo including its many reliable internet related services. Although it's known worldwide, it still lags it major competitor, Google. But don't feel bad for Yahoo just yet as it is likely to get back on the fast track as merger discussions with Microsoft is underway. Which analysts agree will help Yahoo grow a few more inches and getting that much closer to standing toe to toe with Google. Think of it as a tag team match. Yahoo and Microsoft. Recently Yahoo announced it will layoff about 600 people to cut operating costs and a merger in the mix, there might be some outstanding growth to come.

3.SalesForce(CRM)

SalesForce provides CRM. CRM is a business that integrates People, Processes and Technology to improve the relations of an organization with all types of consumers). The company was developed in 1999 by former Oracle executive Marc Benioff and in 2008 was steadily growing and had a amazing 5-yr growth of 85%. But by the end of 2008 and the beginning of 2009 it sales took a hard hit. No need to worry for CRM because as we speak they are again on the move because of their strength in CRM to the masses in a swift and effective way through mobile phones.

2.Dendreon(DNDN)

Dendreon is a biotechnology company that is targeting cancer and in the process making a huge splash in the medical field. On April 14, 2009, Dendreon revealed that they had met the "end point" of their Phase III study of whether their drug has a "survival benefit". Their stock grew 139% and is speculated to grow much more after the detailed findings of the Phase III Trial is released. There is a great story behind the company. If you like tech and want to be part of something potentially shattering in the medical field, then take a look at this Company. To learn how it arrived at this point, click here

1.Google(GooG)

Few investors understood this company when it came upon the scene. Once Google began to grow in 1998, it surpassed any company in its way, while taking a few big names out in the mix. Google currently owns one of the most used email providers Gmail, the biggest video sharing site, Youtube and of course is the largest, most used search engine in the known universe. As for a little history Google was created in 1998 by Larry Page and Sergey Brin. Their first headquarters was a friends garage. As a year passed and they moved out from the garage into a new space with 8 employees working for them and rounded up 25 million for funding this new business. At the end of 2009 google again moved to what is known as the Googleplex. Google has obviously progressed considerably more since those early days. Why should you own Google? Mainly because Google is innovative and has a drive to own everything that would benefit to it's own success.

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