5 Software Stocks to Sell Now

by Portfolio Grader | October 24, 2013 9:45 am

The overall ratings of five Software stocks are down on Portfolio Grader[1] this week. 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]) is having a tough week. The company’s rating falls from a C 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].

This week, Comverse, Inc. (NASDAQ:CNSI[6]) drops from a C to a D rating. Comverse provides telecom business enablement solutions for communication service providers (CSPs) worldwide. The stock gets F’s in Earnings Growth and Margin Growth. The trailing PE Ratio for the stock is 25.40. To get an in-depth look at CNSI, get Portfolio Grader’s complete analysis of CNSI stock[7].

Red Hat, Inc. (NYSE:RHT[8]) experiences a ratings drop this week, going from last week’s C to a D. Red Hat provides open source software solutions that customers are allowed to update, monitor and manage. The stock price has fallen 8% 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 52.30. To get an in-depth look at RHT, get Portfolio Grader’s complete analysis of RHT stock[9].

This week, Taomee Holdings Ltd. Sponsored ADR’s (NYSE:TAOM[10]) rating worsens to a D from the company’s C rating a week ago. 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 95.60. For more information, get Portfolio Grader’s complete analysis of TAOM stock[11].

Louis Navellier’s proprietary Portfolio Grader[12] 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[13].

Source URL: https://investorplace.com/2013/10/5-software-stocks-to-sell-now-srsl-tnav-cnsi/

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