6 Software Stocks to Buy Now

This week, 6 Software stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This is a strong week for Synopsys, Inc. (SNPS). The company’s rating climbs to B from the previous week’s C. Synopsys, Inc. is engaged in the electronic design automation software and related services for semiconductor design companies. For more information, get Portfolio Grader’s complete analysis of SNPS stock.

Gigamon Inc. (GIMO) shows solid improvement this week. The company’s rating rises from a C to a B. The company also gets A’s in sales growth and earnings revisions. For more information, get Portfolio Grader’s complete analysis of GIMO stock.

Cadence Design Systems, Inc. (CDNS) boosts its rating from a B to a A this week. 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 and return on equity. For more information, get Portfolio Grader’s complete analysis of CDNS stock.

Workiva, Inc. Class A (WK) earns a B this week, jumping up from last week’s grade of C. The company also gets A’s in sales growth and earnings surprise. For more information, get Portfolio Grader’s complete analysis of WK stock.

Exa Corporation’s (EXA) ratings are looking better this week, moving up to a B from last week’s C. Exa Corporation develops, distributes, and supports simulation software and services. The company also gets A’s in earnings revisions and earnings surprise. For more information, get Portfolio Grader’s complete analysis of EXA stock.

The rating of Voltari Corp. (VLTC) moves up this week, rising from a C to a B. Voltari Corp. provides mobile data solutions to wireless service carriers. For more information, get Portfolio Grader’s complete analysis of VLTC 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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