by Portfolio Grader | May 9, 2013 12:00 pm
This week, five Software stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
AVG Technologies N.V. (NYSE:AVG) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. AVG Technologies engages in the development and sale of Internet security software and online service solutions under the AVG brand name. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions, and Sales Growth, AVG also gets A’s. Shares of AVG have increased 24.4% over the past month, better than the 2.8% 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.
This is a strong week for Proofpoint Inc (NASDAQ:PFPT). The company’s rating climbs to B from the previous week’s C. Investors have pushed the stock price up 8% over the past month. For more information, get Portfolio Grader’s complete analysis of PFPT stock.
Activision Blizzard (NASDAQ:ATVI) improves from a C to a B rating this week. Activision publishes console, PC, online and handheld games. For more information, get Portfolio Grader’s complete analysis of ATVI stock.
Ansys (NASDAQ:ANSS) is seeing ratings go up from a C last week to a B this week. 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.
The rating of DesCartes Systems Group (NASDAQ:DSGX) moves up this week, rising from a C to a B. 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. Wall Street seems to agree with the upgrade and has propelled the stock up 9.8% over the past month. For more information, get Portfolio Grader’s complete analysis of DSGX 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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