This week, five Software stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Ansys (NASDAQ:ANSS) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Ansys develops and markets engineering simulation software and technologies used by engineers and designers working in fields such as aerospace, electronics, biomedical, energy, and defense. The stock price has risen 5.5% over the past month, better than the 3.6% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of ANSS stock.
NetScout Systems (NASDAQ:NTCT) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. NetScout Systems designs, develops, manufactures, markets, and supports a family of products that enable businesses and service providers to manage the performance of computer networks and business software applications. Wall Street seems to agree with the upgrade and has propelled the stock up 8.6% over the past month. For more information, get Portfolio Grader’s complete analysis of NTCT stock.
Sapiens International (NASDAQ:SPNS) is seeing ratings go up from a C last week to a B this week. Sapiens International is a global provider of information technology solutions. For more information, get Portfolio Grader’s complete analysis of SPNS stock.
The rating of Interactive Intelligence Group (NASDAQ:ININ) moves up this week, rising from a C to a B. Interactive Intelligence provides software application suites for Voice over Internet Protocol business communications. Wall Street has pushed the stock higher by 25.5% over the past month. For more information, get Portfolio Grader’s complete analysis of ININ stock.
Monotype Imaging Holdings (NASDAQ:TYPE) improves from a C to a B rating this week. Monotype Imaging Holdings is a global provider of text imaging solutions for printing digital text. Investors have pushed the stock price up 6.9% over the past month. For more information, get Portfolio Grader’s complete analysis of TYPE 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.