8 Software Stocks to Buy Now

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8 Software stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

This week, SAP SE Sponsored ADR’s (SAP) ratings are up from a B last week to a A. SAP SE Sponsored ADR sells licenses for software solutions and related support services, in addition to offering consulting, training and other services for its software solutions. The company also gets A’s in sales growth and return on equity. For more information, get Portfolio Grader’s complete analysis of SAP stock.

Citrix Systems, Inc. (CTXS) earns a A this week, jumping up from last week’s grade of B. Citrix Systems, Inc. designs, develops, and markets technology solutions to deliver information technology services on-demand worldwide. The company also gets A’s in earnings growth, earnings revisions, earnings surprise, and return on equity. For more information, get Portfolio Grader’s complete analysis of CTXS stock.

Manhattan Associates, Inc.’s (MANH) ratings are looking better this week, moving up to a A from last week’s B. Manhattan Associates, Inc. provides information technology solutions for distribution centers. The company also gets A’s in earnings revisions and return on equity. For more information, get Portfolio Grader’s complete analysis of MANH stock.

CA, Inc. (CA) shows solid improvement this week. The company’s rating rises from a C to a B. CA, Inc. develops and delivers software and services to organizations. For more information, get Portfolio Grader’s complete analysis of CA stock.

This is a strong week for Paycom Software, Inc. (PAYC). The company’s rating climbs to B from the previous week’s C. The company also gets A’s in sales growth, operating margin growth, earnings growth, earnings revisions, and return on equity. For more information, get Portfolio Grader’s complete analysis of PAYC stock.

The rating of Cheetah Mobile, Inc. ADR Class A (CMCM) moves up this week, rising from a C to a B. The company also gets A’s in sales growth and earnings revisions. For more information, get Portfolio Grader’s complete analysis of CMCM stock.

This week, Mitek Systems, Inc. (MITK) pushes up from a B to a A rating. Mitek Systems, Inc. is mainly engaged in the development and sale of software solutions. The company also gets A’s in sales growth, earnings revisions, and earnings surprise. For more information, get Portfolio Grader’s complete analysis of MITK stock.

NQ Mobile, Inc. Sponsored ADR Class A (NQ) boosts its rating from a C to a B this week. NQ Mobile, Inc. Sponsored ADR Class A provides mobile Internet services focusing on security, privacy, and productivity. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of NQ 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.


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