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 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) boosts its rating from a C to a B this week. 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) gets a higher grade this week, advancing from a B last week to a A. 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’s (WK) ratings are looking better this week, moving up to a B from last week’s 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.

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

This week, Magic Software Enterprises Ltd.’s (MGIC) ratings are up from a C last week to a B. Magic Software Enterprises Ltd. develops, markets, and supports software development and deployment technology. The company also gets A’s in free cash flow. For more information, get Portfolio Grader’s complete analysis of MGIC stock.

Voltari Corp. (VLTC) is seeing ratings go up from a C last week to a B this week. 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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