6 Software Stocks to Buy Now

VRNG, N, VHC, PROJ, CTFO, GLUU improve in weekly rankings

   
6 Software Stocks to Buy Now

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”).

This week, Vringo Inc. (AMEX:VRNG) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Vringo provides products for mobile video entertainment and personalization. Shares of VRNG have increased 34.7% from a month ago. For more information, get Portfolio Grader’s complete analysis of VRNG stock.

NetSuite‘s (NYSE:N) ratings are looking better this week, moving up to an A from last week’s B. NetSuite provides relationship management software solutions. Shares of N have increased 10.1% over the past month, better than the 3.2% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of N stock.

VirnetX Holding (AMEX:VHC) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. VirnetX is engaged in the business of commercializing a portfolio of patents. The price of VHC is up 3.3% from a month ago. For more information, get Portfolio Grader’s complete analysis of VHC stock.

The rating of Deltek (NASDAQ:PROJ) moves up this week, rising from a B to an A. Deltek provides enterprise applications software and related services designed and developed specifically for project-focused organizations. Since last month, PROJ shares have hopped up 0.3%. For more information, get Portfolio Grader’s complete analysis of PROJ stock.

This is a strong week for China TransInfo Technology (NASDAQ:CTFO). The company’s rating climbs to A from the previous week’s B. China TransInfo Technology provides end-to-end public transportation information technology systems and related comprehensive technology solutions. The price of CTFO is up 2.7% from a month prior. For more information, get Portfolio Grader’s complete analysis of CTFO stock.

Glu Mobile (NASDAQ:GLUU) improves from a C to a B rating this week. Glu Mobile develops and publishes mobile games on a global basis. Since last month, GLUU shares are up 14.7%. For more information, get Portfolio Grader’s complete analysis of GLUU 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.


Article printed from InvestorPlace Media, http://investorplace.com/2012/10/6-software-stocks-to-buy-now-vrng-n-vhc/.

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