4 Software Stocks to Sell Now

by Portfolio Grader | September 26, 2013 10:30 am

This week, the overall grades of four Software stocks are lower, according to the Portfolio Grader[1] database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

SRS Labs (NASDAQ:SRSL[2]) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. 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. For a full analysis of SRSL stock, visit Portfolio Grader[3].

TeleNav, Inc. (NASDAQ:TNAV[4]) gets weaker ratings this week as last week’s C drops 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[5].

The rating of Red Hat, Inc. (NYSE:RHT[6]) slips from a C to a D. Red Hat provides open source software solutions that customers are allowed to update, monitor and manage. The stock price has dropped 7.1% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. The stock’s trailing PE Ratio is 66.10. For a full analysis of RHT stock, visit Portfolio Grader[7].

Taomee Holdings Ltd. Sponsored ADR (NYSE:TAOM[8]) experiences a ratings drop this week, going from last week’s C to a D. Taomee Holdings produces children’s entertainment. The stock gets F’s in Earnings Surprise and Margin Growth. The stock has a trailing PE Ratio of 53.50. To get an in-depth look at TAOM, get Portfolio Grader’s complete analysis of TAOM stock[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

Endnotes:

  1. Portfolio Grader: https://navelliergrowth.investorplace.com/portfolio-grader/
  2. SRSL: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SRSL
  3. For a full analysis of SRSL stock, visit Portfolio Grader: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SRSL
  4. TNAV: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TNAV
  5. For more information, get Portfolio Grader’s complete analysis of TNAV stock: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TNAV
  6. RHT: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RHT
  7. For a full analysis of RHT stock, visit Portfolio Grader: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=RHT
  8. TAOM: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAOM
  9. To get an in-depth look at TAOM, get Portfolio Grader’s complete analysis of TAOM stock: https://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=TAOM
  10. Portfolio Grader: https://navelliergrowth.investorplace.com/portfolio-grader/
  11. here: https://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: https://investorplace.com/2013/09/4-software-stocks-to-sell-now-srsl-tnav-rht-23/

Copyright ©2024 InvestorPlace unless otherwise noted.