3 Internet and Web Service Stocks to Buy Now

The grades of three Internet and Web Service stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Support.com (NASDAQ:SPRT) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Supportsoft provides software and services in both consumer and enterprise segments. In Portfolio Grader’s specific subcategories of Earnings Revisions, Earnings Surprise, and Sales Growth, SPRT also gets A’s. The stock price has risen 11.4% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SPRT stock.

This week, Demand Media’s (NYSE:DMD) ratings are up from a C last week to a B. Demand Media operates as a content and social media company in the United States that identifies, creates, distributes, and monetizes content. After three consecutive days of gains, the stock price has reached $6.80. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior.

For more information, get Portfolio Grader’s complete analysis of DMD stock.

This week, Global Eagle Entertainment Inc. (NASDAQ:ENT) pushes up from a C to a B rating. The stock price has pushed upwards for the past two days, reaching $11.08. For more information, get Portfolio Grader’s complete analysis of ENT 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/2013/07/3-internet-and-web-service-stocks-to-buy-now-sprt-dmd-ent/.

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