4 Software Stocks to Sell Now

by Portfolio Grader | May 16, 2013 3:28 pm

This week, the ratings of four Software stocks on Portfolio Grader[1] are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

SRS Labs’ (NASDAQ:SRSL[2]) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. SRS Labs develops and licenses audio and voice enhancement technologies. In Portfolio Grader’s specific subcategories of Earnings Growth and Margin Growth, SRSL also gets F’s. For more information, get Portfolio Grader’s complete analysis of SRSL stock[3].

TeleNav Inc. (NASDAQ:TNAV[4]) gets weaker ratings this week as last week’s C drops to a D. TeleNav provides location-based solutions. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. The stock price has dropped 15.2% over the past month, worse than the 8.3% increase the Nasdaq has seen over the same period of time. For a full analysis of TNAV stock, visit Portfolio Grader[5].

Slipping from a C to a D rating, Red Hat (NYSE:RHT[6]) takes a hit this week. Red Hat provides open source software solutions that customers are allowed to update, monitor and manage. The stock currently has a trailing PE Ratio of 64.50. For more information, get Portfolio Grader’s complete analysis of RHT stock[7].

This week, Taomee Holdings (NYSE:TAOM[8]) drops from a C to a D rating. Taomee Holdings produces children’s entertainment. The stock gets F’s in Earnings Surprise and Margin Growth. Share prices fell 7.1% over the past month. For a full analysis of TAOM stock, visit Portfolio Grader[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

Source URL: https://investorplace.com/2013/05/4-software-stocks-to-sell-now-srsl-tnav-rht-5/

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