5 Software Stocks to Buy Now

by Portfolio Grader | August 8, 2013 12:00 pm

The grades of five Software stocks are better this week, according to the Portfolio Grader[1] database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

This week, AVG Technologies N.V. (NYSE:AVG[2]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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 9% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of AVG stock[3].

The rating of Datawatch (NASDAQ:DWCH[4]) moves up this week, rising from a C to a B. Datawatch is engaged in operational reporting and data analysis, helps companies make better decisions and solve business problems by creating a simpler and more accessible flow of useful information throughout the enterprise. After two consecutive days of gains, the stock price has reached $22.83. For more information, get Portfolio Grader’s complete analysis of DWCH stock[5].

This week, Activision Blizzard (NASDAQ:ATVI[6]) pushes up from a C to a B rating. 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[7].

Ansys (NASDAQ:ANSS[8]) 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. The stock finished at $87.03 per share, after three days of consecutive gains. For more information, get Portfolio Grader’s complete analysis of ANSS stock[9].

This week, DesCartes Systems Group’s (NASDAQ:DSGX[10]) ratings are up from a C last week 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. The stock price has pushed upwards for the past three days, reaching $11.46. For more information, get Portfolio Grader’s complete analysis of DSGX stock[11].

Louis Navellier’s proprietary Portfolio Grader[12] 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[13].

Source URL: https://investorplace.com/2013/08/5-software-stocks-to-buy-now-avg-dwch-atvi/

---