The grades of six Internet and Web Service stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.
Saba Software (NASDAQ:SABA) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Saba Software provides people systems software that combine people learning, people performance and people collaboration solutions. In Portfolio Grader’s specific subcategory of Earnings Revisions, SABA also gets an A. For more information, get Portfolio Grader’s complete analysis of SABA stock.
VeriSign (NASDAQ:VRSN) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. VeriSign provides Internet infrastructure services for the networked world. Shares of VRSN have increased 8.5% over the past month, better than the 3.9% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of VRSN stock.
This is a strong week for Web.com Group (NASDAQ:WWWW). The company’s rating climbs to A from the previous week’s B. Web.com is a provider of Do-It-For-Me and Do-It-Yourself website building tools, online marketing, lead generation and technology solutions that enable small and medium-sized businesses to build and maintain an online presence. For more information, get Portfolio Grader’s complete analysis of WWWW stock.
j2 Global‘s (NASDAQ:JCOM) ratings are looking better this week, moving up to a B from last week’s C. J2 Global Communications provides outsourced messaging and communications services to individuals and businesses throughout the world. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 8.2% over the past month. For more information, get Portfolio Grader’s complete analysis of JCOM stock.
LinkedIn (NYSE:LNKD) shows solid improvement this week. The company’s rating rises from a C to a B. LinkedIn operates a social networking website used for professional networking. For more information, get Portfolio Grader’s complete analysis of LNKD stock.
Rackspace Hosting (NYSE:RAX) earns a B this week, jumping up from last week’s grade of C. Rackspace Hosting delivers websites, web-based IT systems, and provides related services. Wall Street has pushed the stock higher by 25.1% over the past month. For more information, get Portfolio Grader’s complete analysis of RAX 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.