8 Software Stocks to Buy Now

by Portfolio Grader | December 20, 2012 4:10 pm

The grades of eight Software stocks are better this week, according to the Portfolio Grader[1] database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

salesforce.com (NYSE:CRM[2]) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Salesforce.com offers businesses a technology platform for Internet-based computing, storage, and connectivity solutions. In Portfolio Grader’s specific subcategory of Sales Growth, CRM also gets an A. Shares of CRM have increased 7.6% over the past month, better than the 3.5% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of CRM stock[3].

CommVault Systems (NASDAQ:CVLT[4]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. CommVault Systems provides data and information management software applications and related services. Wall Street has pushed the stock higher by 12.7% over the past month. For more information, get Portfolio Grader’s complete analysis of CVLT stock[5].

Cadence Design Systems (NASDAQ:CDNS[6]) gets a higher grade this week, advancing from a C last week to a B. Cadence Design Systems licenses software, sells or leases hardware technology, and provides engineering and education services throughout the world to help manage and accelerate electronics product development processes. For more information, get Portfolio Grader’s complete analysis of CDNS stock[7].

DesCartes Systems Group (NASDAQ:DSGX[8]) shows solid improvement this week. The company’s rating rises from a C to a B. Descartes Systems Group is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. For more information, get Portfolio Grader’s complete analysis of DSGX stock[9].

TiVo’s (NASDAQ:TIVO[10]) ratings are looking better this week, moving up to a B from last week’s C. Tivo provides technology and services that allow consumers to watch and record live television. Investors have pushed the stock price up 26.4% over the past month. For more information, get Portfolio Grader’s complete analysis of TIVO stock[11].

Changyou.com (NASDAQ:CYOU[12]) improves from a C to a B rating this week. Changyou.com develops and operates online games in China. The stock’s trailing PE Ratio is 3.90. For more information, get Portfolio Grader’s complete analysis of CYOU stock[13].

Guidance Software (NASDAQ:GUID[14]) is seeing ratings go up from a B last week to a A this week. Guidance Software develops and produces software solutions for digital investigations. Wall Street seems to agree with the upgrade and has propelled the stock up 12% over the past month. For more information, get Portfolio Grader’s complete analysis of GUID stock[15].

This is a strong week for Vringo Inc. (AMEX:VRNG[16]). The company’s rating climbs to A from the previous week’s B. Vringo provides products for mobile video entertainment and personalization. For more information, get Portfolio Grader’s complete analysis of VRNG 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. CRM: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRM
  3. For more information, get Portfolio Grader’s complete analysis of CRM stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CRM
  4. CVLT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVLT
  5. For more information, get Portfolio Grader’s complete analysis of CVLT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CVLT
  6. CDNS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CDNS
  7. For more information, get Portfolio Grader’s complete analysis of CDNS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CDNS
  8. DSGX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSGX
  9. For more information, get Portfolio Grader’s complete analysis of DSGX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSGX
  10. TIVO: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TIVO
  11. For more information, get Portfolio Grader’s complete analysis of TIVO stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TIVO
  12. CYOU: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CYOU
  13. For more information, get Portfolio Grader’s complete analysis of CYOU stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CYOU
  14. GUID: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GUID
  15. For more information, get Portfolio Grader’s complete analysis of GUID stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=GUID
  16. VRNG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=VRNG
  17. For more information, get Portfolio Grader’s complete analysis of VRNG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=VRNG
  18. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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