This week, 3 Software stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
CDK Global Inc (CDK) shows solid improvement this week. The company’s rating rises from a C to a B. The company also gets A’s in return on equity. For more information, get Portfolio Grader’s complete analysis of CDK stock.
The rating of Cadence Design Systems, Inc. (CDNS) moves up this week, rising from a B 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.
This week, Model N, Inc. (MODN) pushes up from a C to a B rating. For more information, get Portfolio Grader’s complete analysis of MODN 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.