8 Software Stocks to Buy Now

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Eight 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”).

Envivio, Inc.’s (ENVI) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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 Earnings Surprise, ENVI also gets A’s. For more information, get Portfolio Grader’s complete analysis of ENVI stock.

The rating of Vringo, Inc. (VRNG) moves up this week, rising from a C to a B. Vringo provides products for mobile video entertainment and personalization. For more information, get Portfolio Grader’s complete analysis of VRNG stock.

This is a strong week for Monotype Imaging Holdings (TYPE). The company’s rating climbs to B from the previous week’s C. 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.

This week, Ebix, Inc. (EBIX) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). 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.

MICROS Systems, Inc. (MCRS) earns a B this week, jumping up from last week’s grade of C. Micros Systems designs, manufactures, markets, and services enterprise information solutions for hospitality and retail industries worldwide. For more information, get Portfolio Grader’s complete analysis of MCRS stock.

Descartes Systems Group Inc. (DSGX) boosts its rating from a C 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.

Progress Software Corporation (PRGS) shows solid improvement this week. The company’s rating rises 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.

Aware, Inc. (AWRE) is seeing ratings go up from a C last week to a B this week. 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 trading at an exceptionally rapid pace, up twofold from 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/2015/09/8-software-stocks-to-buy-now-envi-vrng-type/.

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