5 Internet and Web Service Stocks to Sell Now

OTEX, MEET, VELT, TRAK, VNET slump in weekly rankings

   
5 Internet and Web Service Stocks to Sell Now

For the current week, the overall ratings of five Internet and Web Service stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Open Text Corp. (NASDAQ:OTEX) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. Open Text provides intranet, extranet, and corporate portal solutions to organizations located throughout the world. As of Feb. 8, 2013, 15.9% of outstanding Open Text Corp. shares were held short. The stock has a trailing PE Ratio of 27.90. To get an in-depth look at OTEX, get Portfolio Grader’s complete analysis of OTEX stock.

This week, MeetMe Inc.’s (AMEX:MEET) rating worsens to a D from the company’s C rating a week ago. MeetMe is a US-based social media technology company catering to Latin audiences worldwide. The stock also gets an F in Equity. For more information, get Portfolio Grader’s complete analysis of MEET stock.

Velti’s (NASDAQ:VELT) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). Velti is a global provider of mobile marketing and advertising solutions. The stock gets F’s in Earnings Growth, Earnings Momentum, and Earnings Revisions. The stock price has dropped 20.4% over the past month, worse than the 1.9% increase the Nasdaq has seen over the same period of time. As of Feb. 8, 2013, 27.3% of outstanding Velti shares were held short. For a full analysis of VELT stock, visit Portfolio Grader.

Dealertrack Technologies Inc. (NASDAQ:TRAK) gets weaker ratings this week as last week’s C drops to a D. DealerTrack Holdings provides on-demand software and data solutions for the automotive retail industry in the United States. The stock gets F’s in Earnings Growth and Earnings Momentum. The stock currently has a trailing PE Ratio of 25.90. For more information, get Portfolio Grader’s complete analysis of TRAK stock.

21Vianet Group (NASDAQ:VNET) earns a D this week, falling from last week’s grade of C. 21Vianet Group provides carrier-neutral Internet data center services in the People’s Republic of China. The stock gets F’s in Earnings Growth and Earnings Momentum. The stock’s trailing PE Ratio is 258.10. To get an in-depth look at VNET, get Portfolio Grader’s complete analysis of VNET 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/02/5-internet-and-web-service-stocks-to-sell-now-otex-meet-velt/.

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