7 Software Stocks to Sell Now

by Portfolio Grader | November 15, 2012 10:00 am

This week, the ratings of seven Software stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Qlik Technologies (NASDAQ:QLIK[2]) earns a F (“strong sell”) this week, moving down from last week’s grade of 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 dropped 17.4% over the past month, worse than the 6.5% decrease the Nasdaq has seen over the same period of time. The stock has a trailing PE Ratio of 344.00. For more information, get Portfolio Grader’s complete analysis of QLIK stock[3].

This week, Glu Mobile (NASDAQ:GLUU[4]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). 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 36.5% over the past month. As of Nov. 15, 2012, 22.2% 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].

Actuate (NASDAQ:BIRT[6]) is having a tough week. The company’s rating falls 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. Share prices fell 18.3% over the past month. For more information, get Portfolio Grader’s complete analysis of BIRT stock[7].

Blackbaud (NASDAQ:BLKB[8]) earns a F this week, falling from last week’s grade of D. Blackbaud is a global provider of software and related services designed for nonprofit organizations. The stock gets F’s in Earnings Growth, Earnings Momentum, Earnings Revisions, and Margin Growth. The stock price has fallen 12.5% over the past month. The trailing PE Ratio for the stock is 99.80. To get an in-depth look at BLKB, get Portfolio Grader’s complete analysis of BLKB stock[9].

Magic Software Enterprises (NASDAQ:MGIC[10]) experiences a ratings drop this week, going from last week’s C to a D. Magic Software develops, markets, and supports software development and deployment technology. For a full analysis of MGIC stock, visit Portfolio Grader[11].

SRS Labs‘ (NASDAQ:SRSL[12]) rating weakens this week, dropping to a D versus last week’s C. 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].

This week, SeaChange International‘s (NASDAQ:SEAC[14]) rating worsens to a D from the company’s C rating a week ago. 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[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[16].

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 more information, get Portfolio Grader’s complete analysis of QLIK stock: 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. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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