5 Software Stocks to Buy Now

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

   
5 Software Stocks to Buy Now

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

This week, Proofpoint, Inc. (NASDAQ:PFPT) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. In Portfolio Grader’s specific subcategory of Sales Growth, PFPT also gets an A. The stock price has risen 13.2% 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.

AVG Technologies NV’s (NYSE:AVG) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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.

Activision Blizzard, Inc. (NASDAQ:ATVI) earns a B this week, jumping up from last week’s grade of C. 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.

ANSYS, Inc.’s (NASDAQ:ANSS) ratings are looking better this week, moving up to a B from last week’s C. 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 Descartes Systems Group Inc. (NASDAQ:DSGX) gets a higher grade this week, advancing 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. 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/2013/08/5-software-stocks-to-buy-now-pfpt-avg-atvi/.

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