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5 Software Stocks to Sell Now

SRSL, TNAV, SPLK, RHT, TAOM slump in weekly rankings


The ratings of five Software stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

SRS Labs’ (NASDAQ:SRSL) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. SRS Labs develops and licenses audio and voice enhancement technologies. In Portfolio Grader’s specific subcategories of Earnings Growth and Margin Growth, SRSL also gets F’s. For a full analysis of SRSL stock, visit Portfolio Grader.

TeleNav Inc. (NASDAQ:TNAV) experiences a ratings drop this week, going from last week’s C to a D. TeleNav provides location-based solutions. The stock gets F’s in Earnings Growth, Earnings Momentum, and Margin Growth. To get an in-depth look at TNAV, get Portfolio Grader’s complete analysis of TNAV stock.

This is a rough week for Splunk Inc (NASDAQ:SPLK). The company’s rating falls to D from the previous week’s C. Splunk provides an innovative software platform. It enables organizations to gain real-time operational intelligence by harnessing the value of their data. The stock gets F’s in Earnings Revisions and Equity. For more information, get Portfolio Grader’s complete analysis of SPLK stock.

This week, Red Hat’s (NYSE:RHT) rating worsens to a D from the company’s C rating a week ago. Red Hat provides open source software solutions that customers are allowed to update, monitor and manage. The stock has a trailing PE Ratio of 64.50. For a full analysis of RHT stock, visit Portfolio Grader.

Taomee Holdings (NYSE:TAOM) gets weaker ratings this week as last week’s C drops to a D. Taomee Holdings produces children’s entertainment. The stock gets F’s in Earnings Surprise and Margin Growth. The stock price has dropped 18.7% over the past month, worse than the 3.2% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TAOM 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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