7 Software Stocks to Sell Now

by Portfolio Grader | September 27, 2012 2:15 pm

7 Software Stocks to Sell Now

For the current week, the overall ratings of seven Software stocks are worse, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Mitek Systems (NASDAQ:MITK[2]) ratings are on the decline this week as the company earns a F (“strong sell”). Last week, it received a D (“sell”). Mitek Systems is mainly engaged in the development and sale of software solutions. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Revisions, Equity, and Margin Growth, MITK also gets F’s. The stock price has dropped 22.1% over the past month, worse than the 0.8% increase the Nasdaq has seen over the same period of time. As of Sept. 27, 2012, 26.1% of outstanding Mitek Systems shares were held short. To get an in-depth look at MITK, get Portfolio Grader’s complete analysis of MITK stock[3].

Qlik Technologies‘s (NASDAQ:QLIK[4]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. QLIK Technologies is engaged into powerful, easy-to-use business intelligence solution that enables its customers to make better and faster business decisions. The stock gets F’s in Earnings Momentum and Earnings Revisions. The stock currently has a trailing PE Ratio of 286.50. For a full analysis of QLIK stock, visit Portfolio Grader[5].

This is a rough week for MicroStrategy Inc. (NASDAQ:MSTR[6]). The company’s rating falls to D from the previous week’s C. MicroStrategy provides business intelligence software that enables companies to report, analyze and monitor data. The trailing PE Ratio for the stock is 69.40. For more information, get Portfolio Grader’s complete analysis of MSTR stock[7].

Autodesk (NASDAQ:ADSK[8]) earns a D this week, moving down from last week’s grade of C. Autodesk is a design software and services company. The stock’s trailing PE Ratio is 26.30. To get an in-depth look at ADSK, get Portfolio Grader’s complete analysis of ADSK stock[9].

The rating of Oracle (NASDAQ:ORCL[10]) slips from a C to a D. Oracle supplies software for enterprise information management. Shares of the company dropped 3.8% from a month ago. For a full analysis of ORCL stock, visit Portfolio Grader[11].

Progress Software (NASDAQ:PRGS[12]) experiences a ratings drop this week, going from last week’s D to a F. Progress Software develops, markets, and distributes application development, deployment, and integration software to business, industry, and government worldwide. In Earnings Growth, Earnings Momentum, Margin Growth, and Sales Growth the stock gets F’s. Shares of PRGS are down 2.2% from a month prior. The stock currently has a trailing PE Ratio of 49.20. For more information, get Portfolio Grader’s complete analysis of PRGS stock[13].

ClickSoftware (NASDAQ:CKSW[14]) earns a D this week, falling from last week’s grade of C. ClickSoftware Technologies provides software products and solutions for workforce management and optimization for the service sector. The stock gets F’s in Earnings Growth, Earnings Momentum, and Earnings Revisions. Over the past month, shares of CKSW have fallen 6.5%. The trailing PE Ratio for the stock is 30.80. For more information, get Portfolio Grader’s complete analysis of CKSW 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. MITK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MITK
  3. To get an in-depth look at MITK, get Portfolio Grader’s complete analysis of MITK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MITK
  4. QLIK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLIK
  5. For a full analysis of QLIK stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLIK
  6. MSTR: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MSTR
  7. For more information, get Portfolio Grader’s complete analysis of MSTR stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MSTR
  8. ADSK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADSK
  9. To get an in-depth look at ADSK, get Portfolio Grader’s complete analysis of ADSK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ADSK
  10. ORCL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ORCL
  11. For a full analysis of ORCL stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ORCL
  12. PRGS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PRGS
  13. For more information, get Portfolio Grader’s complete analysis of PRGS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PRGS
  14. CKSW: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CKSW
  15. For more information, get Portfolio Grader’s complete analysis of CKSW stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CKSW
  16. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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