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7 Software Stocks to Buy Now

FTNT, CTXS, CVLT, MENT, ADBE, TIBX, QADA improve in weekly rankings

   

The grades of seven Software stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Fortinet (NASDAQ:FTNT) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Fortinet provides network security solutions. In Portfolio Grader’s specific subcategory of Sales Growth, FTNT also gets an A. Shares of FTNT have increased 10.4% since last month, better than Nasdaq’s 1% increase for the same period. For more information, get Portfolio Grader’s complete analysis of FTNT stock.

Citrix Systems (NASDAQ:CTXS) boosts its rating from a C to a B this week. Citrix Systems designs, develops, and markets technology solutions to deliver information technology services on-demand worldwide. For more information, get Portfolio Grader’s complete analysis of CTXS stock.

CommVault Systems (NASDAQ:CVLT) improves from a C to a B rating this week. CommVault Systems provides data and information management software applications and related services. For more information, get Portfolio Grader’s complete analysis of CVLT stock.

Mentor Graphics (NASDAQ:MENT) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Mentor Graphics manufactures, markets, and supports software and hardware electronic design automation products. Share of MENT are up 3.6% from a month ago. For more information, get Portfolio Grader’s complete analysis of MENT stock.

Adobe (NASDAQ:ADBE) shows solid improvement this week. The company’s rating rises from a C to a B. Adobe is a global software company that offers creative, business, web, and mobile software and services. For more information, get Portfolio Grader’s complete analysis of ADBE stock.

This week, TIBCO Software (NASDAQ:TIBX) pushes up from a C to a B rating. TIBCO Software is an independent provider of infrastructure software that allows customers to create flexible, configurable applications from software infrastructure and deliver real-time insights. TIBX shares rose by 3.5% in the last month. For more information, get Portfolio Grader’s complete analysis of TIBX stock.

QAD Inc. (NASDAQ:QADA) boosts its rating from a B to an A this week. QAD provides supply-chain-enabled enterprise resource planning software for mid-range and large multinational manufacturing companies. For more information, get Portfolio Grader’s complete analysis of QADA stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/7-software-stocks-to-buy-now-ftnt-ctxs-cvlt/.

©2014 InvestorPlace Media, LLC

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