by Portfolio Grader | January 25, 2013 2:00 pm
Three Internet and Web Service stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
iPass (NASDAQ:IPAS) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. iPass offers enterprise mobility services on a global basis by providing services that simply, smartly and openly facilitate network access from mobile devices while providing the enterprise with visibility and control over their mobile ecosystem. Shares of IPAS have increased 19.4% over the past month, better than the 3.9% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of IPAS stock.
Akamai (NASDAQ:AKAM) shows solid improvement this week. The company’s rating rises from a C to a B. Akamai provides services for accelerating and improving the delivery of content and applications over the Internet. For more information, get Portfolio Grader’s complete analysis of AKAM stock.
Rackspace Hosting (NYSE:RAX) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Rackspace Hosting delivers websites, web-based IT systems, and provides related services. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 6.7% over the past month. For more information, get Portfolio Grader’s complete analysis of RAX stock.
Louis Navellier’s proprietary Portfolio Grader 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.
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