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 rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

Envivio, Inc. (ENVI) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last 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 threefold 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. Shares of the stock have been changing hands at an unusually rapid pace, up 394.4% from the week prior. For more information, get Portfolio Grader’s complete analysis of TYPE stock.

Giant Interactive Group, Inc. Sponsored ADR (GA) improves from a B to an A rating 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.

This week, Ebix, Inc. (EBIX) pushes up from a B to an A rating. Ebix provides a series of application software products for the insurance industry, including carrier systems and agency systems. 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 EBIX stock.

Descartes Systems Group Inc. (DSGX) earns a B this week, jumping up from last week’s grade of C. 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. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of DSGX stock.

Progress Software Corporation’s (PRGS) ratings are looking better this week, moving up to a B from last 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 trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of PRGS stock.

Aware, Inc. (AWRE) gets a higher grade this week, advancing 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. 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 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/2015/08/7-software-stocks-to-buy-now-envi-type-ga-21/.

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