5 Software Stocks to Buy Now

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The grades of five software stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Envivio, Inc. (ENVI) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. 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. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions and Sales Growth, ENVI also gets A’s. Shares of the stock have been trading at an exceptionally rapid pace, up 4289% from the week prior. For more information, get Portfolio Grader’s complete analysis of ENVI stock.

Giant Interactive Group, Inc. Sponsored ADR (GA) shows solid improvement this week. The company’s rating rises from a B to an A. Giant Interactive Group develops and operates online games in the People’s Republic of China. At $11.64, the stock is above the 50-day moving average of $11.30. For more information, get Portfolio Grader’s complete analysis of GA stock.

Intuit (INTU) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Intuit develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals. For more information, get Portfolio Grader’s complete analysis of INTU stock.

Perfect World Co., Ltd. Sponsored ADR Class B’s (PWRD) ratings are looking better this week, moving up to an A from last week’s B. Perfect World develops and operates online games. For more information, get Portfolio Grader’s complete analysis of PWRD stock.

Evolving Systems, Inc. (EVOL) improves from a C to a B rating this week. Evolving Systems is a software company providing business and operational support services and solutions to the telecommunications industry. For more information, get Portfolio Grader’s complete analysis of EVOL 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/2014/04/5-software-stocks-to-buy-now-envi-ga-intu-6/.

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