5 Software Stocks to Buy Now

Five 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, FleetMatics Group Ltd. (FLTX) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. In Portfolio Grader’s specific subcategories of Earnings Growth, Margin Growth, and Sales Growth, FLTX also gets A’s. The stock price has risen 21.7% 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 FLTX stock.

AVG Technologies NV (AVG) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. AVG Technologies engages in the development and sale of Internet security software and online service solutions under the AVG brand name. For more information, get Portfolio Grader’s complete analysis of AVG stock.

Activision Blizzard, Inc. (ATVI) is seeing ratings go up from a C last week to a B this week. Activision Blizzard is an online, personal computer (PC), console, and handheld game publisher. For more information, get Portfolio Grader’s complete analysis of ATVI stock.

This week, ANSYS, Inc. (ANSS) pushes up from a C to a B rating. Ansys develops and markets engineering simulation software and technologies used by engineers and designers working in fields such as aerospace, electronics, biomedical, energy, and defense. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of ANSS stock.

The Descartes Systems Group Inc. (DSGX) shows solid improvement this week. The company’s rating rises from a C to a B. Descartes Systems Group is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Shares of the stock have been changing hands at an unusually rapid pace, four times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of DSGX 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/2013/11/5-software-stocks-to-buy-now-fltx-avg-atvi/.

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