6 Software Stocks to Buy Now

EVOL, AVG, EXA, ATVI, ANSS, DSGX improve in weekly rankings

   
6 Software Stocks to Buy Now

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

Evolving Systems, Inc. (NASDAQ:EVOL) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Evolving Systems is a software company providing business and operational support services and solutions to the telecommunications industry. The stock price has risen 12% 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 EVOL stock.

AVG Technologies NV (NYSE:AVG) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. AVG Technologies engages in the development and sale of Internet security software and online service solutions under the AVG brand name. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 19.4% over the past month. For more information, get Portfolio Grader’s complete analysis of AVG stock.

Exa Corporation (NASDAQ:EXA) boosts its rating from a C to a B this week. Wall Street has pushed the stock higher by 11.3% over the past month. For more information, get Portfolio Grader’s complete analysis of EXA stock.

This week, Activision Blizzard, Inc.’s (NASDAQ:ATVI) ratings are up from a C last week to a B. 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. (NASDAQ:ANSS) earns a B this week, jumping up from last week’s grade of 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. Wall Street seems to agree with the upgrade and has propelled the stock up 5.9% 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/2013/09/6-software-stocks-to-buy-now-evol-avg-exa/.

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