6 Software Stocks to Sell Now

by Portfolio Grader | October 4, 2012 3:15 pm

For the current week, the overall ratings of six 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 fallen 31.3% over the past month, worse than the 2.2% increase the Nasdaq has seen over the same period of time. As of Oct. 4, 2012, 26.1% of outstanding Mitek Systems shares were held short. For a full analysis of MITK stock, visit Portfolio Grader[3].

Magic Software Enterprises (NASDAQ:MGIC[4]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Magic Software develops, markets, and supports software development and deployment technology. Over the last month, shares of MGIC have declined 4.5%. For more information, get Portfolio Grader’s complete analysis of MGIC stock[5].

This is a rough week for BMC Software (NASDAQ:BMC[6]). The company’s rating falls to D from the previous week’s C. BMC Software is a vendor that offers a range of software solutions, such as applications, databases, and IT process management functions. The stock also rates an F in Earnings Surprise. To get an in-depth look at BMC, get Portfolio Grader’s complete analysis of BMC stock[7].

RealPage Inc. (NASDAQ:RP[8]) is having a tough week. The company’s rating falls from a C to a D rating. Real Page provides a platform of on demand software solutions that integrate and streamline rental property management business functions. Investors seem to agree with the downgrade and have pushed down the share price 9.8% over the past month. For more information, get Portfolio Grader’s complete analysis of RP stock[9].

Bottomline Technologies (NASDAQ:EPAY[10]) gets weaker ratings this week as last week’s C drops to a D. Bottomline Technologies provides electronic payment, invoice, and document automation solutions. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. The stock currently has a trailing PE Ratio of 510.80. For a full analysis of EPAY stock, visit Portfolio Grader[11].

Symantec (NASDAQ:SYMC[12]) earns a D this week, moving down from last week’s grade of C. Symantec provides information security, storage, and systems management solutions to businesses and consumers. The stock price has fallen 5.3% over the past month. For more information, get Portfolio Grader’s complete analysis of SYMC stock[13].

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[14].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. MITK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MITK
  3. For a full analysis of MITK stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MITK
  4. MGIC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGIC
  5. For more information, get Portfolio Grader’s complete analysis of MGIC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGIC
  6. BMC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BMC
  7. To get an in-depth look at BMC, get Portfolio Grader’s complete analysis of BMC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BMC
  8. RP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RP
  9. For more information, get Portfolio Grader’s complete analysis of RP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RP
  10. EPAY: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EPAY
  11. For a full analysis of EPAY stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=EPAY
  12. SYMC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SYMC
  13. For more information, get Portfolio Grader’s complete analysis of SYMC stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SYMC
  14. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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