8 Software Stocks to Buy Now

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The grades of eight software 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.

Sky-mobi Ltd. Sponsored ADR (MOBI) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Sky-mobi operates mobile application store in China. In Portfolio Grader’s specific subcategory of Margin Growth, MOBI also gets an A. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of MOBI stock.

Zynga Inc. Class A (ZNGA) is seeing ratings go up from a C last week to a B this week. Zynga develops, markets, and operates online social games as live services played over the Internet and on social networking sites and mobile platforms. The stock price has risen 16.8% 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 ZNGA stock.

Aspen Technology, Inc. (AZPN) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Aspen Technology is a global provider of mission-critical process optimization software solutions, which are designed to manage and optimize plant and process design, operational performance, and supply chain planning. The stock’s price of $45.56 is nearing the 52-week high of $46.35. For more information, get Portfolio Grader’s complete analysis of AZPN stock.

NetScout Systems, Inc.’s (NTCT) ratings are looking better this week, moving up to a B from last week’s C. NetScout Systems designs, develops, manufactures, markets, and supports a family of products that enable businesses and service providers to manage the performance of computer networks and business software applications. Wall Street seems to agree with the upgrade and has propelled the stock up 17.8% over the past month. For more information, get Portfolio Grader’s complete analysis of NTCT stock.

AVG Technologies NV (AVG) is seeing ratings go up from a C last week to a B this week. AVG Technologies engages in the development and sale of Internet security software and online service solutions. For more information, get Portfolio Grader’s complete analysis of AVG stock.

This week, Envivio, Inc.’s (ENVI) ratings are up from a B last week to an A. Envivio provides software-based IP video processing and distribution solutions to mobile and broadband service providers, cable multiple system operators, and direct broadcast satellite service providers and content providers. For more information, get Portfolio Grader’s complete analysis of ENVI stock.

Check Point Software (CHKP) shows solid improvement this week. The company’s rating rises from a C to a B. Check Point Software develops, markets, and supports a range of software, and combined hardware and software products and services for information technology (IT) security worldwide. For more information, get Portfolio Grader’s complete analysis of CHKP stock.

This is a strong week for Digimarc Corporation (DMRC). The company’s rating climbs to B from the previous week’s C. Digimarc provides media identification and management solutions to commercial entities and government customers in the United States and internationally. The stock’s price is $31.07 after three days of declining prices prices. For more information, get Portfolio Grader’s complete analysis of DMRC 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/2014/02/8-software-stocks-to-buy-now-mobi-znga-azpn-2/.

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