7 Software Stocks to Buy Now

by Portfolio Grader | July 27, 2012 12:00 pm

The grades of seven Software stocks are on the rise this week on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Fortinet (NASDAQ:FTNT[2]) 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[3].

Citrix Systems (NASDAQ:CTXS[4]) 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[5].

CommVault Systems (NASDAQ:CVLT[6]) 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[7].

Mentor Graphics (NASDAQ:MENT[8]) 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[9].

Adobe (NASDAQ:ADBE[10]) 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[11].

This week, TIBCO Software (NASDAQ:TIBX[12]) 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[13].

QAD Inc. (NASDAQ:QADA[14]) 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[15].

Louis Navellier’s proprietary Portfolio Grader[1] 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[16].

Source URL: https://investorplace.com/2012/07/7-software-stocks-to-buy-now-ftnt-ctxs-cvlt/

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