6 Software Stocks to Buy Now

The grades of six 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”).

China Mobile Games & Entertainment Group Ltd. Sponsored ADR (CMGE) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. China Mobile Games and Entertainment Group engages in the development, operation, and sale of feature phone and smartphone games primarily in the People’s Republic of China. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, and Sales Growth, CMGE also gets A’s. For more information, get Portfolio Grader’s complete analysis of CMGE stock.

AVG Technologies NV (AVG) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. 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.

Cinedigm Corp (CIDM) shows solid improvement this week. The company’s rating rises from a C to a B. Cinedigm Digital Cinema provides technology solutions, financial advice and guidance, and software services to content owners and distributors, and movie exhibitors in the United States. For more information, get Portfolio Grader’s complete analysis of CIDM stock.

Activision Blizzard, Inc. (ATVI) boosts its rating from a C 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. For more information, get Portfolio Grader’s complete analysis of ANSS stock.

The Descartes Systems Group Inc.’s (DSGX) ratings are looking better this week, moving up to a B from last week’s C. 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. 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/2013/11/6-software-stocks-to-buy-now-cmge-avg-cidm/.

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