The grades of five 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.
Net Element, Inc. (NETE) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Net Element is a technology group in mobile commerce and payment processing, as well as in entertainment and culture Internet destinations in Russia and other emerging markets. In Portfolio Grader’s specific subcategory of Sales Growth, NETE also gets an A. For more information, get Portfolio Grader’s complete analysis of NETE stock.
This week, TechTarget, Inc. (TTGT) pushes up from a C to a B rating. TechTarget is a provider of specialized online content that brings together buyers and sellers of corporate information technology products. For more information, get Portfolio Grader’s complete analysis of TTGT stock.
Bankrate, Inc.’s (RATE) ratings are looking better this week, moving up to a B from last week’s C. Bankrate owns and operates an Internet-based consumer banking and personal finance network. The stock price has risen 23.5% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of RATE stock.
Stamps.com (STMP) boosts its rating from a C to a B this week. Stamps.com is an Internet-based company that allows customers to send mail. For more information, get Portfolio Grader’s complete analysis of STMP stock.
LogMeIn, Inc. (LOGM) earns a B this week, jumping up from last week’s grade of C. LogMeIn offers remote connectivity services to computers for mobile professionals, and help desk and systems administrators worldwide. For more information, get Portfolio Grader’s complete analysis of LOGM 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.