The grades of four Software stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
DesCartes Systems Group (NASDAQ:DSGX) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. 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. In Portfolio Grader’s specific subcategory of Earnings Momentum, DSGX also gets an A. For more information, get Portfolio Grader’s complete analysis of DSGX stock.
The rating of AVG Technologies N.V. (NYSE:AVG) moves up this week, rising from a C to a B. AVG Technologies NV provides software and online services and solutions. It designs antivirus and Internet security products. Its product portfolio targets the consumer and small business markets and includes Internet security, PC performance optimization, online backup, mobile security, identity pr… Shares of AVG have increased 7.4% over the past month, better than the 0.5% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of AVG stock.
Activision Blizzard’s (NASDAQ:ATVI) ratings are looking better this week, moving up to a B from last week’s C. Activision publishes console, PC, online and handheld games. Wall Street seems to agree with the upgrade and has propelled the stock up 25.4% over the past month. For more information, get Portfolio Grader’s complete analysis of ATVI stock.
This week, Ansys’ (NASDAQ:ANSS) ratings are up from a C last week to a B. 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. For more information, get Portfolio Grader’s complete analysis of ANSS 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.