7 Software Stocks to Buy Now

This week, 7 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 is a strong week for CDK Global Inc (CDK). The company’s rating climbs to B from the previous week’s C. The company also gets A’s in earnings growth, earnings momentum, and return on equity. For more information, get Portfolio Grader’s complete analysis of CDK stock.

Take-Two Interactive Software, Inc. (TTWO) shows solid improvement this week. The company’s rating rises from a B to a A. Take-Two Interactive Software, Inc. publishes, develops and distributes interactive entertainment software and hardware. The company also gets A’s in earnings revisions, earnings surprise, and earnings momentum. For more information, get Portfolio Grader’s complete analysis of TTWO stock.

Cadence Design Systems, Inc. (CDNS) earns a A this week, jumping up from last week’s grade of B. Cadence Design Systems, Inc. licenses software, sells or leases hardware technology, and provides engineering and education services throughout the world to help manage and accelerate electronics product development processes. The company also gets A’s in operating margin growth, earnings growth, and return on equity. For more information, get Portfolio Grader’s complete analysis of CDNS stock.

This week, Nuance Communications, Inc. (NUAN) pushes up from a B to a A rating. Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. The company also gets A’s in earnings revisions. For more information, get Portfolio Grader’s complete analysis of NUAN stock.

VirnetX Holding Corporation (VHC) improves from a C to a B rating this week. VirnetX Holding Corporation is engaged in the business of commercializing a portfolio of patents. The company also gets A’s in sales growth. For more information, get Portfolio Grader’s complete analysis of VHC stock.

Mitek Systems, Inc.’s (MITK) ratings are looking better this week, moving up to a A from last week’s B. Mitek Systems, Inc. is mainly engaged in the development and sale of software solutions. The company also gets A’s in sales growth, earnings revisions, and earnings surprise. For more information, get Portfolio Grader’s complete analysis of MITK stock.

FalconStor Software, Inc. (FALC) boosts its rating from a B to a A this week. FalconStor Software, Inc. provides a software-only storage networking solution that simplifies storage management. For more information, get Portfolio Grader’s complete analysis of FALC 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.


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