9 Software Stocks to Buy Now

ENVI, VRNG, TYPE, EBIX, MCRS, DSGX, PRGS, AWRE, KING improve in weekly rankings

This week, nine software stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Envivio, Inc. (ENVI) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. 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.

Vringo, Inc. (VRNG) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Vringo provides products for mobile video entertainment and personalization. For more information, get Portfolio Grader’s complete analysis of VRNG stock.

Monotype Imaging Holdings (TYPE) shows solid improvement this week. The company’s rating rises from a C to a B. 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.’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.

MICROS Systems, Inc. (MCRS) gets a higher grade this week, advancing from a C last week to a B. 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) 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.

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. 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. 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.

This week, King Digital Entertainment Plc’s (KING) ratings are up from a C last week to a B. For more information, get Portfolio Grader’s complete analysis of KING 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/2015/09/9-software-stocks-to-buy-now-envi-vrng-type/.

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