7 Software Stocks to Buy Now

by Portfolio Grader | August 9, 2012 12:50 pm

7 Software Stocks to Buy Now

This week, 7 Software stocks are improving their overall rating on Portfolio Grader[1]. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

Fortinet (NASDAQ:FTNT[2]) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Fortinet provides network security solutions. In Portfolio Grader’s specific subcategory of Sales Growth, FTNT also gets an A. Shares of FTNT have increased 17.5% over the past month, better than the 2.7% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of FTNT stock[3].

Citrix Systems‘s (NASDAQ:CTXS[4]) ratings are looking better this week, moving up to a B from last week’s C. 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].

This is a strong week for CommVault Systems (NASDAQ:CVLT[6]). The company’s rating climbs to B from the previous week’s C. CommVault Systems provides data and information management software applications and related services. Wall Street seems to agree with the upgrade and has propelled the stock up 24.2% over the past month. For more information, get Portfolio Grader’s complete analysis of CVLT stock[7].

This week, Mentor Graphics (NASDAQ:MENT[8]) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Mentor Graphics manufactures, markets, and supports software and hardware electronic design automation products. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 1.3% over the past month. For more information, get Portfolio Grader’s complete analysis of MENT stock[9].

Adobe‘s (NASDAQ:ADBE[10]) gets a higher grade this week, advancing from a C last week to a B. Adobe is a global software company that offers creative, business, web, and mobile software and services. Wall Street has pushed the stock higher by 6.8% over the past month. For more information, get Portfolio Grader’s complete analysis of ADBE stock[11].

TIBCO Software (NASDAQ:TIBX[12]) shows solid improvement this week. The company’s rating rises from a C to a B. 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. Investors have pushed the stock price up 1.5% over the past month. For more information, get Portfolio Grader’s complete analysis of TIBX stock[13].

QAD Inc. (NASDAQ:QADA[14]) is seeing ratings go up from a B last week 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].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. FTNT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FTNT
  3. For more information, get Portfolio Grader’s complete analysis of FTNT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=FTNT
  4. CTXS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CTXS
  5. For more information, get Portfolio Grader’s complete analysis of CTXS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CTXS
  6. CVLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVLT
  7. For more information, get Portfolio Grader’s complete analysis of CVLT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVLT
  8. MENT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MENT
  9. For more information, get Portfolio Grader’s complete analysis of MENT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MENT
  10. ADBE: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADBE
  11. For more information, get Portfolio Grader’s complete analysis of ADBE stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADBE
  12. TIBX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TIBX
  13. For more information, get Portfolio Grader’s complete analysis of TIBX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TIBX
  14. QADA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QADA
  15. For more information, get Portfolio Grader’s complete analysis of QADA stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QADA
  16. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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