the Yuppie Pig

Given the recent weakness in tech, here's an update on my valuations of some of the cloud computing names. Check out my older posts for a full summary of the sector and more on their valuations. Note that this analysis is merely an update of market prices from my last analysis and does not factor in the latest earnings. Google is becoming to offer some attractive valuation, however, its dealings with China will continue to weigh on the stock indefinately until some resolution is found.

1. RAX: valuation $16.37, market price $18.87 -> 15% premium
2. TMRK: valuation $7.56, market price $8.21 -> 9% premium
3. TMRK: alternative valuation $10.15, market price $8.21 -> 19% discount
4. GOOG: valuation $649, market price $540.82 -> 17% discount
5. CRM: valuation $62.25, market price $65.62 -> 5% premium
6. EQIX: valuation $55.59, market price $96 -> 73% premium

So far, we've seen some of the premiums reduce a bit, notably on RAX, now at $18.87. For now, this remains my favored Cloud Computing name.