8 Internet Software & Services Stocks to Buy Now

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The grades of 8 Internet Software & Services stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

Shopify, Inc. Class A (SHOP) 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, earnings revisions, and earnings surprise. For more information, get Portfolio Grader’s complete analysis of SHOP stock.

This week, Envestnet, Inc.’s (ENV) ratings are up from a C last week to a B. Envestnet, Inc. develops and markets computer software for financial advisors. The company also gets A’s in sales growth. For more information, get Portfolio Grader’s complete analysis of ENV stock.

This week, Rackspace Hosting, Inc. (RAX) pushes up from a C to a B rating. Rackspace Hosting, Inc. delivers websites, web-based IT systems, and provides related services. The company also gets A’s in earnings surprise. For more information, get Portfolio Grader’s complete analysis of RAX stock.

GTT Communications, Inc. (GTT) boosts its rating from a C to a B this week. The company also gets A’s in sales growth, return on equity, and free cash flow. For more information, get Portfolio Grader’s complete analysis of GTT stock.

Carbonite, Inc. (CARB) earns a A this week, jumping up from last week’s grade of B. Carbonite, Inc. provides online backup solutions for consumers and small and medium sized businesses. The company also gets A’s in sales growth, earnings revisions, earnings surprise, and earnings momentum. For more information, get Portfolio Grader’s complete analysis of CARB stock.

This is a strong week for Quotient Technology Incorporated (QUOT). The company’s rating climbs to A from the previous week’s B. The company also gets A’s in earnings revisions. For more information, get Portfolio Grader’s complete analysis of QUOT stock.

The rating of Qumu Corporation (QUMU) moves up this week, rising from a C to a B. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of QUMU stock.

Net Element, Inc. (NETE) is seeing ratings go up from a C last week to a B this week. Net Element, Inc. is a technology group in mobile commerce and payment processing, as well as in entertainment and culture Internet destinations in Russia and other emerging markets. The company also gets A’s in sales growth. For more information, get Portfolio Grader’s complete analysis of NETE 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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