5 Software Stocks to Buy Now

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This week, five Software stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

AVG Technologies NV (NYSE:AVG) is bettering its rating of C (“hold”) from last week 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. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions, and Sales Growth, AVG also gets A’s. For more information, get Portfolio Grader’s complete analysis of AVG stock.

This week, Proofpoint, Inc. (NASDAQ:PFPT) is making solid headway. Proofpoint provides threat protection, regulatory compliance, archiving and governance, and secure communication solutions worldwide. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. For more information, get Portfolio Grader’s complete analysis of PFPT stock.

The rating of Activision Blizzard, Inc. (NASDAQ:ATVI) moves up this week, rising from a C 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) boosts its rating from a C to a B this week. 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) earns a B this week, jumping up from last week’s grade of C. 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, https://investorplace.com/2013/10/5-software-stocks-to-buy-now-avg-pfpt-atvi-2/.

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