3 Internet and Web Service Stocks to Sell Now

by Portfolio Grader | October 19, 2012 5:13 pm

The ratings of three Internet and Web Service stocks are down this week, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Unwired Planet‘s (NASDAQ:UPIP[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Unwired Planet provides open Internet-based communication infrastructure software and applications. In Portfolio Grader’s specific subcategories of Earnings Revisions, Equity, and Sales Growth, UPIP also gets an F. The stock price has fallen 25.4% over the past month, worse than the 3.5% decrease the Nasdaq has seen over the same period of time. To get an in-depth look at UPIP, get Portfolio Grader’s complete analysis of UPIP stock[3].

This is a rough week for Bankrate (NYSE:RATE[4]). The company’s rating falls to D from the previous week’s C. Bankrate owns and operates an Internet-based consumer banking and personal finance network. The stock price has fallen 30.3% over the past month. For more information, get Portfolio Grader’s complete analysis of RATE stock[5].

Bitauto Holdings (NYSE:BITA[6]) earns a D this week, falling from last week’s grade of C. Bitauto Holdings provides Internet content and marketing services for the automotive industry, primarily in the People’s Republic of China. The stock gets F’s in Earnings Momentum and Earnings Revisions. The stock’s trailing PE Ratio is 30.40. For a full analysis of BITA stock, visit Portfolio Grader[7].

Louis Navellier’s proprietary Portfolio Grader[8] 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[9].

Source URL: https://investorplace.com/2012/10/3-internet-and-web-service-stocks-to-sell-now-upip-rate-bita/

---