8 Software Stocks to Sell Now

by Portfolio Grader | October 25, 2012 12:03 pm

The overall ratings of eight Software stocks are down on Portfolio Grader[1] this week. 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 29.5% over the past month, worse than the 5.6% decrease the Nasdaq has seen over the same period of time. As of Oct. 25, 2012, 20.4% of outstanding Mitek Systems shares were held short. For more information, get Portfolio Grader’s complete analysis of MITK stock[3].

The rating of Taomee Holdings (NYSE:TAOM[4]) slips from a D to a F. Taomee Holdings produces children’s entertainment. The stock also gets an F in Margin Growth. For a full analysis of TAOM stock, visit Portfolio Grader[5].

This week, OPNET Technologies (NASDAQ:OPNT[6]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). OPNET Technologies provides software products and related services for managing applications and networks. The stock has a trailing PE Ratio of 41.60. To get an in-depth look at OPNT, get Portfolio Grader’s complete analysis of OPNT stock[7].

Red Hat (NYSE:RHT[8]) experiences a ratings drop this week, going from last week’s C to a D. Red Hat provides open source software solutions that customers are allowed to update, monitor and manage. Share prices fell 8.4% over the past month. The stock’s trailing PE Ratio is 69.20. For more information, get Portfolio Grader’s complete analysis of RHT stock[9].

Slipping from a C to a D rating, QAD Inc. (NASDAQ:QADA[10]) takes a hit this week. QAD provides supply-chain-enabled enterprise resource planning software for mid-range and large multinational manufacturing companies. The stock gets F’s in Earnings Growth, Earnings Revisions, and Earnings Surprise. Wall Street appears to agree with the stock downgrade, with share prices dropping 10.3% over the past month. The stock currently has a trailing PE Ratio of 31.50. For a full analysis of QADA stock, visit Portfolio Grader[11].

This week, SRS Labs‘ (NASDAQ:SRSL[12]) rating worsens to a D from the company’s C rating a week ago. SRS Labs develops and licenses audio and voice enhancement technologies. The stock gets F’s in Earnings Growth and Margin Growth. To get an in-depth look at SRSL, get Portfolio Grader’s complete analysis of SRSL stock[13].

ClickSoftware (NASDAQ:CKSW[14]) gets weaker ratings this week as last week’s D drops to a F. ClickSoftware Technologies provides software products and solutions for workforce management and optimization for the service sector. The stock gets F’s in Earnings Growth and Earnings Momentum. The stock price has fallen 9.8% over the past month. The trailing PE Ratio for the stock is 28.10. For more information, get Portfolio Grader’s complete analysis of CKSW stock[15].

The rating of Comverse Technology (NASDAQ:CMVT[16]) declines this week from a C to a D. Comverse Technology is a provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added services. The stock also gets an F in Equity. To get an in-depth look at CMVT, get Portfolio Grader’s complete analysis of CMVT stock[17].

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[18].

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 more information, get Portfolio Grader’s complete analysis of MITK stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MITK
  4. TAOM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAOM
  5. For a full analysis of TAOM stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAOM
  6. OPNT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OPNT
  7. To get an in-depth look at OPNT, get Portfolio Grader’s complete analysis of OPNT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=OPNT
  8. RHT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RHT
  9. For more information, get Portfolio Grader’s complete analysis of RHT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RHT
  10. QADA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QADA
  11. For a full analysis of QADA stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QADA
  12. SRSL: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SRSL
  13. To get an in-depth look at SRSL, get Portfolio Grader’s complete analysis of SRSL stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SRSL
  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. CMVT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CMVT
  17. To get an in-depth look at CMVT, get Portfolio Grader’s complete analysis of CMVT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CMVT
  18. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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