The grades of six 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”).
Vringo Inc. (AMEX:VRNG) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Vringo provides products for mobile video entertainment and personalization. For more information, get Portfolio Grader’s complete analysis of VRNG stock.
NetScout Systems (NASDAQ:NTCT) earns an A this week, jumping up from last week’s grade of B. NetScout Systems designs, develops, manufactures, markets, and supports a family of products that enable businesses and service providers to manage the performance of computer networks and business software applications. The stock price has risen 6.7% over the past month, better than the 3.5% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of NTCT stock.
SAP (NYSE:SAP) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. SAP sells licenses for software solutions and related support services, in addition to offering consulting, training and other services for its software solutions. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 13.8% over the past month. For more information, get Portfolio Grader’s complete analysis of SAP stock.
Parametric Technology (NASDAQ:PMTC) improves from a C to a B rating this week. Parametric Technology develops, markets, and supports integrated product development and processes lifecycle management solutions. Wall Street seems to agree with the upgrade and has propelled the stock up 7.1% over the past month. For more information, get Portfolio Grader’s complete analysis of PMTC stock.
This week, FactSet (NYSE:FDS) pushes up from a C to a B rating. FactSet Research Systems supplies global economic and financial data to analysts, investment bankers, and other financial professionals. Wall Street has pushed the stock higher by 9.3% over the past month. For more information, get Portfolio Grader’s complete analysis of FDS stock.
This week, KongZhong‘s (NASDAQ:KONG) ratings are up from a B last week to an A. KongZhong delivers wireless value-added services to consumers in China through multiple technology platforms. For more information, get Portfolio Grader’s complete analysis of KONG 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.