6 Software Stocks to Buy Now

by Portfolio Grader | June 20, 2013 11:15 am

Six Software stocks are moving up in their overall rating this week, according to the Portfolio Grader[1] database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Sky-mobi (NASDAQ:MOBI[2]) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Sky-mobi operates mobile application store in China. In Portfolio Grader’s specific subcategory of Earnings Momentum, MOBI also gets an A. For more information, get Portfolio Grader’s complete analysis of MOBI stock[3].

Proofpoint Inc’s (NASDAQ:PFPT[4]) ratings are looking better this week, moving up to a B from last week’s C. The stock price has risen 20.4% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of PFPT stock[5].

AVG Technologies N.V. (NYSE:AVG[6]) boosts its rating from a C to a B this week. AVG Technologies engages in the development and sale of Internet security software and online service solutions under the AVG brand name. For more information, get Portfolio Grader’s complete analysis of AVG stock[7].

Activision Blizzard (NASDAQ:ATVI[8]) is seeing ratings go up from a C last week to a B this week. Activision Blizzard is an online, personal computer (PC), console, and handheld game publisher. For more information, get Portfolio Grader’s complete analysis of ATVI stock[9].

The rating of Ansys (NASDAQ:ANSS[10]) moves up this week, rising from a C 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. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 5.4% over the past month. For more information, get Portfolio Grader’s complete analysis of ANSS stock[11].

This is a strong week for DesCartes Systems Group (NASDAQ:DSGX[12]). The company’s rating climbs to B from the previous week’s C. 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. Investors have pushed the stock price up 5.2% over the past month. For more information, get Portfolio Grader’s complete analysis of DSGX stock[13].

Louis Navellier’s proprietary Portfolio Grader[14] 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[15].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. MOBI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MOBI
  3. For more information, get Portfolio Grader’s complete analysis of MOBI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=MOBI
  4. PFPT: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PFPT
  5. For more information, get Portfolio Grader’s complete analysis of PFPT stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PFPT
  6. AVG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AVG
  7. For more information, get Portfolio Grader’s complete analysis of AVG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=AVG
  8. ATVI: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ATVI
  9. For more information, get Portfolio Grader’s complete analysis of ATVI stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ATVI
  10. ANSS: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ANSS
  11. For more information, get Portfolio Grader’s complete analysis of ANSS stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=ANSS
  12. DSGX: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSGX
  13. For more information, get Portfolio Grader’s complete analysis of DSGX stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DSGX
  14. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  15. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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