Louis Navellier’s #1 Stock for 2022

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Wed, October 20 at 4:00PM ET
 
 
 
 

4 Software Stocks to Buy Now

4 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”).

Workday, Inc. Class A (WDAY) gets a higher grade this week, advancing from a C last week to a B. Workday, Inc. Class A provides software-as-a-service solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. The company also gets A’s in sales growth and earnings revisions. For more information, get Portfolio Grader’s complete analysis of WDAY stock.

This week, Xura, Inc.’s (MESG) ratings are up from a C last week to a B. The company also gets A’s in earnings growth and earnings momentum. For more information, get Portfolio Grader’s complete analysis of MESG stock.

This is a strong week for iDreamSky Technology Ltd. Sponsored ADR Class A (DSKY). The company’s rating climbs to B from the previous week’s C. The company also gets A’s in sales growth. For more information, get Portfolio Grader’s complete analysis of DSKY stock.

Sonic Foundry, Inc. (SOFO) boosts its rating from a C to a B this week. Sonic Foundry, Inc. provides software products and services for the creation and editing of digital audio and video content. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of SOFO 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/2016/06/4-software-stocks-to-buy-now-4/.

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