4 Software Stocks to Sell Now

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This week, the overall grades of four Software stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

SRS Labs’ (NASDAQ:SRSL) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. SRS Labs develops and licenses audio and voice enhancement technologies. In Portfolio Grader’s specific subcategories of Earnings Growth and Margin Growth, SRSL also gets F’s. To get an in-depth look at SRSL, get Portfolio Grader’s complete analysis of SRSL stock.

TeleNav, Inc. (NASDAQ:TNAV) is having a tough week. The company’s rating falls from a C to a D. TeleNav provides location-based solutions. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. For more information, get Portfolio Grader’s complete analysis of TNAV stock.

Red Hat, Inc. (NYSE:RHT) earns a D this week, moving down from last week’s grade of C. Red Hat provides open source software solutions that customers are allowed to update, monitor and manage. Shares of the stock have been exchanging at an usually rapid pace, twice the rate of the week prior. The stock’s trailing PE Ratio is 66.10. For a full analysis of RHT stock, visit Portfolio Grader.

This is a rough week for Taomee Holdings Ltd. Sponsored ADR (NYSE:TAOM). The company’s rating falls to D from the previous week’s C. Taomee Holdings produces children’s entertainment. The stock gets F’s in Earnings Surprise and Margin Growth. The stock price has dropped 5.9% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. Shares of the stock are changing hands at twice the rate they were a week ago. The stock currently has a trailing PE Ratio of 51.30. For more information, get Portfolio Grader’s complete analysis of TAOM 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, https://investorplace.com/2013/09/4-software-stocks-to-sell-now-srsl-tnav-rht-21/.

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