5 Software Stocks to Buy Now

MOBI, AVG, ATVI, ANSS, DSGX improve in weekly rankings

   
5 Software Stocks to Buy Now

This week, five Software stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Sky-mobi (NASDAQ:MOBI) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Sky-mobi operates mobile application store in China. In Portfolio Grader’s specific subcategories of Earnings Growth and Earnings Momentum, MOBI also gets A’s. Shares of MOBI have increased 47.9% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. Shares of the stock have been changing hands at an unusually rapid pace, up 637.3% from the week prior. For more information, get Portfolio Grader’s complete analysis of MOBI stock.

AVG Technologies N.V.’s (NYSE:AVG) ratings are looking better this week, moving up to a B from last week’s C. AVG Technologies engages in the development and sale of Internet security software and online service solutions under the AVG brand name. After two consecutive days of gains, the stock price has reached $21.40. For more information, get Portfolio Grader’s complete analysis of AVG stock.

The rating of Activision Blizzard (NASDAQ:ATVI) moves up this week, rising from a C to a B. Activision Blizzard is an online, personal computer (PC), console, and handheld game publisher. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 9.9% over the past month. For more information, get Portfolio Grader’s complete analysis of ATVI stock.

Ansys (NASDAQ:ANSS) gets a higher grade this week, advancing 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. Investors have pushed the stock price up 11% over the past month. For more information, get Portfolio Grader’s complete analysis of ANSS stock.

DesCartes Systems Group (NASDAQ:DSGX) earns a B this week, jumping up from last week’s grade of 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. Wall Street seems to agree with the upgrade and has propelled the stock up 8.4% 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/5-software-stocks-to-buy-now-mobi-avg-atvi-2/.

©2014 InvestorPlace Media, LLC

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