7 Software Stocks to Buy Now

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

Seven 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, Envivio, Inc. (ENVI) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). 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. For more information, get Portfolio Grader’s complete analysis of ENVI stock.

Monotype Imaging Holdings’ (TYPE) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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) gets a higher grade this week, advancing from a B last week to an A. 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.

This week, Ebix, Inc.’s (EBIX) ratings are up from a B last week 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) is seeing ratings go up from a C last week to a B 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.

This is a strong week for Progress Software Corporation (PRGS). The company’s rating climbs to B from the previous week’s C. Progress Software develops, markets, and distributes application development, deployment, and integration software to business, industry, and government worldwide. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of PRGS stock.

Aware, Inc. (AWRE) earns a B this week, jumping up from last week’s grade of C. 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/2015/07/7-software-stocks-to-buy-now-envi-type-ga-16/.

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