7 Software Stocks to Buy Now

ENVI, TYPE, GA, EBIX, DSGX, PRGS, AWRE improve in weekly rankings

This week, seven software stocks are improving their overall ratings 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 twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of ENVI stock.

Monotype Imaging Holdings (TYPE) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Monotype Imaging Holdings is a global provider of text imaging solutions for printing digital text. For more information, get Portfolio Grader’s complete analysis of TYPE stock.

Giant Interactive Group, Inc. Sponsored ADR (GA) boosts its rating from a B to an A this week. Giant Interactive Group develops and operates online games in the People’s Republic of China. For more information, get Portfolio Grader’s complete analysis of GA stock.

Ebix, Inc. (EBIX) shows solid improvement this week. The company’s rating rises from a B to an A. Ebix provides a series of application software products for the insurance industry, including carrier systems and agency systems. For more information, get Portfolio Grader’s complete analysis of EBIX stock.

Descartes Systems Group Inc. (DSGX) improves from a C to a B rating this week. Descartes Systems 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.

The rating of Progress Software Corporation (PRGS) moves up this week, rising from a C to a B. Progress Software develops, markets, and distributes application development, deployment, and integration software to business, industry, and government worldwide. For more information, get Portfolio Grader’s complete analysis of PRGS stock.

This week, Aware, Inc.’s (AWRE) ratings are up from a C last week to a B. Aware supplies various products for the biometrics and digital subscriber line (DSL) service assurance industries primarily in the United States and Germany. For more information, get Portfolio Grader’s complete analysis of AWRE 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/2015/05/7-software-stocks-to-buy-now-envi-type-ga-10/.

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