5 Software Stocks to Buy Now

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Five Software stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Workday, Inc. Class A’s (NYSE:WDAY) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Workday provides software-as-a-service solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. In Portfolio Grader’s specific subcategories of Earnings Revisions and Sales Growth, WDAY also gets A’s. For more information, get Portfolio Grader’s complete analysis of WDAY stock.

This week, AVG Technologies NV (NYSE:AVG) pushes up from a C to a B rating. AVG Technologies engages in the development and sale of Internet security software and online service solutions under the AVG brand name. For more information, get Portfolio Grader’s complete analysis of AVG stock.

Activision Blizzard, Inc.’s (NASDAQ:ATVI) ratings are looking better this week, moving up to a B from last week’s C. 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) gets a higher grade this week, advancing from a C last week to a B. 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 rating of The Descartes Systems Group Inc. (NASDAQ:DSGX) moves up this week, rising from a C 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. 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-wday-avg-atvi-2/.

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