The grades of three internet and web service 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.
Facebook, Inc. Class A (FB) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Facebook is a social networking service and website. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions, Earnings Surprise, Margin Growth and Sales Growth, FB also gets A’s. Shares of FB have increased 19% 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. (SPRT) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Support.com provides cloud-based services and software solutions. For more information, get Portfolio Grader’s complete analysis of SPRT stock.
Demand Media, Inc. (DMD) is seeing ratings go up from a C last week to a B this week. 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.
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.