7 Software Stocks to Sell Now

by Portfolio Grader | November 8, 2012 3:45 pm

7 Software Stocks to Sell Now

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

Qlik Technologies‘s (NASDAQ:QLIK[2]) rating falls this week to a F (“strong sell”), down from last week’s D (“sell”). QLIK Technologies is engaged into powerful, easy-to-use business intelligence solution that enables its customers to make better and faster business decisions. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions, and Earnings Surprise, QLIK also gets an F. The stock price has fallen 9.4% over the past month, worse than the 5.6% decrease the Nasdaq has seen over the same period of time. The stock currently has a trailing PE Ratio of 376.40. For a full analysis of QLIK stock, visit Portfolio Grader[3].

Glu Mobile (NASDAQ:GLUU[4]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Glu Mobile develops and publishes mobile games on a global basis. The stock gets F’s in Equity and Cash Flow. Wall Street appears to agree with the stock downgrade, with share prices dropping 42.8% over the past month. As of Nov. 8, 2012, 24.1% of outstanding Glu Mobile shares were held short. To get an in-depth look at GLUU, get Portfolio Grader’s complete analysis of GLUU stock[5].

This week, Actuate (NASDAQ:BIRT[6]) drops from a C to a D rating. Actuate provides software and services to develop and deploy Rich Information Applications. The stock gets F’s in Earnings Momentum, Earnings Revisions, and Earnings Surprise. The stock price has fallen 22.4% over the past month. For more information, get Portfolio Grader’s complete analysis of BIRT stock[7].

Blackbaud‘s (NASDAQ:BLKB[8]) rating weakens this week, dropping to a F versus last week’s D. Blackbaud is a global provider of software and related services designed for nonprofit organizations. The stock receives F’s in Earnings Growth, Earnings Momentum, Earnings Revisions, and Margin Growth. Wall Street appears to agree with the stock downgrade, with share prices dropping 7.8% over the past month. The stock has a trailing PE Ratio of 101.10. To get an in-depth look at BLKB, get Portfolio Grader’s complete analysis of BLKB stock[9].

This is a rough week for Magic Software Enterprises (NASDAQ:MGIC[10]). The company’s rating falls to D from the previous week’s C. Magic Software develops, markets, and supports software development and deployment technology. The stock price has dropped 4.9% over the last month. For a full analysis of MGIC stock, visit Portfolio Grader[11].

Slipping from a C to a D rating, SRS Labs (NASDAQ:SRSL[12]) takes a hit this week. 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].

SeaChange International (NASDAQ:SEAC[14]) earns a D this week, moving down from last week’s grade of C. SeaChange International is a developer, manufacturer, and marketer of digital video systems and services. In Earnings Growth, Earnings Revisions, Earnings Surprise, and Margin Growth the stock gets F’s. For a full analysis of SEAC stock, visit Portfolio Grader[15].

Louis Navellier’s proprietary Portfolio Grader[16] 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[17].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. QLIK: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLIK
  3. For a full analysis of QLIK stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=QLIK
  4. GLUU: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLUU
  5. To get an in-depth look at GLUU, get Portfolio Grader’s complete analysis of GLUU stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GLUU
  6. BIRT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BIRT
  7. For more information, get Portfolio Grader’s complete analysis of BIRT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BIRT
  8. BLKB: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BLKB
  9. To get an in-depth look at BLKB, get Portfolio Grader’s complete analysis of BLKB stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BLKB
  10. MGIC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGIC
  11. For a full analysis of MGIC stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MGIC
  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. SEAC: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SEAC
  15. For a full analysis of SEAC stock, visit Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SEAC
  16. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  17. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2012/11/7-software-stocks-to-sell-now-qlik-gluu-birt-2/
Short URL: http://invstplc.com/1ny6XEn