| Stock | Price | 52 Week Range | Marketcap | EPS | Dividend Yield | Chart (24H) | Sector | Employees | Last Updated |
|---|---|---|---|---|---|---|---|---|---|
| $0.0000 | 0.0000 | 0.00 | 0.00% | 0 | 6 years ago | ||||
| $0.0000 | 0.0000 | 0.00 | 0.00% | 0 | 6 years ago | ||||
 ANSYS, Inc. ANSS | $296.31 | 25.97B | 6.55 | 0.00% | Technology | 6,400 | 1 hour ago | ||
| $101.74 | 8.71B | 1.64 | 0.00% | Technology | 0 | 1 hour ago |
Welcome back, savvy investors! Today, we’re diving deep into five software stocks that have recently shown significant improvement in their weekly rankings, making them compelling investment opportunities. These stocks have all achieved “A” (Strong Buy) or “B” (Buy) ratings from the Portfolio Grader database, a system renowned for its analytical precision and led by none other than Louis Navellier. Let’s uncover why these picks might just be the key to your next profitable investment.
Editor's Note: Analysis and insight for this article were originally sourced from our friends at InvestorPlace
Infoblox Inc. (NYSE: BLOX)
Infoblox: Your Next Smart Investment Move
Infoblox Inc. develops, markets, and sells automated network control solutions worldwide. It’s no surprise that this company has caught our eye with its robust performance metrics. The stock’s rating has improved from a “C” (Hold) to a “B” (Buy), thanks to stellar grades in Earnings Revisions, Earnings Surprise, and Sales Growth—all of which struck “A” marks in these crucial subcategories.
Relevance in a Growing Market
Why should you care? The landscape of network automation is growing increasingly complex. As businesses scale, they desperately need sophisticated, automated solutions to manage their networks efficiently. That’s where Infoblox comes in. Over the past month, BLOX shares have surged by 12.6%, outpacing the S&P 500’s modest 3.2% rise. This performance underscores the market’s faith in Infoblox’s future, making it a stock worth your close attention.
Analyst Ratings and Forecast:
| Metric | Value |
| Consensus Rating | Overweight (Buy) |
| Average Price Target | $24.50 |
| Potential Gain | 14.1% |
| Number of Ratings | 7 |
Summary of Analysts’ Outlook:
Analysts have a positive outlook on Infoblox Inc., with a consensus rating of Overweight (Buy). The average price target of $24.50 suggests a potential gain of 14.1% from the current price. Most analysts believe the company’s strong product portfolio, increasing demand for network security solutions, and solid financial performance will drive growth.
Get Portfolio Grader’s complete analysis of BLOX stock here.
AVG Technologies N.V. (NYSE: AVG)
AVG Technologies: Top Reasons to Invest in AVG Technologies
AVG Technologies is another strong candidate that recently upgraded from a “C” to a “B.” This company focuses on developing and selling Internet security software and online service solutions, doing so under the trusted AVG brand. In an era where cybersecurity threats loom large, AVG Technologies stands as a robust protector in the digital realm.
The Constant Need for Security
Why is AVG Technologies relevant? Cyber-attacks are not just a passing trend—they’re a persistent threat. The demand for ever-stronger security software is skyrocketing, and companies like AVG are front and center in providing these crucial services. If you’re looking for a stock riding the wave of growing cybersecurity needs, AVG’s improved rating signifies its place as a solid investment opportunity.
Analyst Ratings and Forecasts:
| Category | Rating/Value |
| Consensus Rating | Overweight (4.33/5) |
| Average Price Target | $24.67 |
| Potential Gain | 14.1% |
| Number of Ratings | 6 |
Summary of Analysts’ Outlook:
Analysts have a positive outlook on AVG Technologies, with a consensus rating of Overweight. The average price target of $24.67 suggests a potential gain of 14.1% from the current price. Most analysts believe that AVG’s strong position in the cybersecurity market, its growing cloud-based business, and its cost-cutting initiatives will drive future growth.
Get Portfolio Grader’s complete analysis of AVG stock here.
Activision Blizzard (NASDAQ: ATVI)
Activision Blizzard: Unleash the Power of Gaming with Activision Blizzard
Next up is Activision Blizzard, a name synonymous with top-tier gaming experiences. This stock has also been upgraded from a “C” to a “B.” What makes Activision Blizzard fascinating is its continual dominance in the gaming industry, which is swelling with each passing year.
Riding the Wave of Gaming Popularity
Why does Activision Blizzard matter to you? The gaming industry is unambiguously booming, particularly as people increasingly turn to entertainment at home. Activision Blizzard’s treasure trove of popular PC, console, and handheld games positions it uniquely to capture a significant slice of this ever-expanding pie. If you’re keen on tapping into sustained revenue potential and share price growth, ATVI should be on your radar.
Analyst Ratings and Forecasts:
| Category | Value |
| Consensus Rating | Overweight |
| Average Price Target | $104.14 |
| Potential Gain | 14.3% |
| Number of Ratings | 24 |
Summary of Analysts’ Outlook:
Analysts are overwhelmingly bullish on Activision Blizzard, with 71% of ratings being Buy or Overweight. The average price target suggests a potential gain of 14.3% from the current price. The company’s strong portfolio of franchises, including Call of Duty, World of Warcraft, and Overwatch, is expected to drive growth. Additionally, analysts are optimistic about the company’s efforts to expand into mobile gaming and esports.
Get Portfolio Grader’s complete analysis of ATVI stock here.
Ansys (NASDAQ: ANSS)
Ansys: Powering Advanced Engineering Technologies
Ansys is a pioneering provider of engineering simulation software, applicable across a broad spectrum of high-tech sectors: aerospace, electronics, biomedical, energy, and defense. Recently upgraded from a “C” to a “B,” Ansys is enjoying favorable financial and operational metrics driving its renewed investor interest.
The Importance of Advanced Engineering Solutions
Why should Ansys be a consideration for you? Engineering challenges are only growing more complex. Companies are increasingly relying on advanced simulation software for innovative solutions, and Ansys leads the charge in this domain. Investing in Ansys means positioning yourself alongside crucial sectors that demand excellence and innovation.
Analyst Ratings and Forecasts:
| Category | Rating/Value |
| Consensus Rating | Overweight |
| Average Price Target | $344.15 |
| Potential Gain | 14.1% |
| Number of Ratings | 14 |
Summary of Analysts’ Outlook:
Analysts have a positive outlook on ANSS, with a consensus “Overweight” rating. The average price target of $344.15 implies a potential gain of 14.1% from the current price. Most analysts believe that ANSS’s strong fundamentals, including its leadership in the simulation software industry and growing demand for digital transformation, will drive its growth.
Get Portfolio Grader’s complete analysis of ANSS stock here.
DesCartes Systems Group (NASDAQ: DSGX)
Descartes Systems Group: Capitalize on Globalization with Descartes Systems Group
Finally, let’s talk about Descartes Systems Group—a provider of global logistics technology solutions. This stock has also seen an upgrade from a “C” to a “B,” reflecting its burgeoning potential in an ever-globalizing market.
Mastering Global Logistics
Why is Descartes important? As global trade becomes more integrated and complex, efficient logistics solutions are increasingly indispensable. Descartes’ federated network and advanced tech solutions position it strategically to capitalize on growing market needs. For investors looking to benefit from the globalization of logistics, Descartes provides an appealing gateway.
Analyst Ratings and Forecasts:
| Metric | Value |
| Consensus Rating | Overweight |
| Average Price Target | $83.50 |
| Potential Gain | 14.1% |
| Number of Ratings | 12 |
Summary of Analysts’ Outlook:
Analysts are generally bullish on DSGX, with a consensus rating of Overweight. The average price target of $83.50 suggests a potential gain of 14.1% from the current price. Analysts appreciate the company’s strong track record of revenue growth, solid balance sheet, and increasing demand for its cloud-based logistics and supply chain management solutions.
Get Portfolio Grader’s complete analysis of DSGX stock here.
Louis Navellier’s Data-Driven Insights
Each of these stock suggestions is backed by Louis Navellier’s acclaimed Portfolio Grader. This highly analytical tool evaluates over 5,000 companies weekly, spotlighting opportunities that traditional metrics might overlook. Navellier’s past successful picks—including giants like IBM, Apple, Dell, and Nvidia—add significant credibility to these current recommendations.
For investors ready to explore these stock opportunities further, diving into the Portfolio Grader tool can provide additional insights and confirm why these “B” ratings could soon upgrade to “A” with your timely investment.
Stay tuned, stay savvy, and let’s navigate these promising prospects together!
***
Article printed from InvestorPlace Media, https://investorplace.com/2013/05/5-software-stocks-to-buy-now-blox-avg-atvi/
©2024 InvestorPlace Media, LLC
