by Portfolio Grader | October 4, 2013 10:30 am
The grades of four Internet and Web Service stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
Facebook, Inc. Class A (NASDAQ:FB) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Facebook is a social networking service and website. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions, Earnings Surprise, and Sales Growth, FB also gets A’s. Shares of FB have increased 14.4% 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 FB stock.
Support.com, Inc. (NASDAQ:SPRT) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Supportsoft provides software and services in both consumer and enterprise segments. For more information, get Portfolio Grader’s complete analysis of SPRT stock.
Demand Media, Inc.’s (NYSE:DMD) ratings are looking better this week, moving up to a B from last week’s C. Demand Media operates as a content and social media company in the United States that identifies, creates, distributes, and monetizes content. For more information, get Portfolio Grader’s complete analysis of DMD stock.
This week, ChinaCache International Holdings Ltd. Sponsored ADR (NASDAQ:CCIH) pushes up from a C to a B rating. ChinaCache International provides a portfolio of services and solutions to businesses, government agencies and other enterprises to enhance the reliability and scalability of their online services and applications and improve end-user experience. Wall Street seems to agree with the upgrade and has propelled the stock up 29.5% over the past month. For more information, get Portfolio Grader’s complete analysis of CCIH 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.
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