Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
My company:
Marketocracy capital management
My blog:
Barchart Portfolio Blogs
  • Autodesk -- ADSK -- Strong and positioned properly 0 comments
    Apr 27, 2010 10:38 AM | about stocks: ADSK
    Autodesk (NASDAQ:ADSK) is one of the world's leading design software and digital content companies for architectural design and land development, manufacturing, utilities, telecommunications, and media and entertainment. Autodesk provides design software, Internet portal services, wireless development platforms, and point-of-location applications that empower customers in numerous countries to drive business and remain competitive. This is a very financially strong company and should benefit for increased technology spending when the economy turns around.

    Barchart has given this stock a 100% technical buy rating and gets a buy signal from all 13 technical indicators. The stock hit 15 new highs in 20 sessions and was 4 for 5 recently. In the last month the stock has enjoyed an 18.14% appreciation in price. The stock trades around 34.85 with a 50 day moving average of 29.67

    Analysts predict increases in sales of 2.20% this year and 6.40% next year. Earnings per share are estimated to increase by 14.10% this year, 27.40% next year and continue with a 5 year annual compounded growth rate of 15.37% annually.

    Investor sentiment on Motley Fool is high with a vote of 713 to 52 that the stock will beat the market with the experienced All Stars in agreement 292 to 8. The Wall Street journalists Fool follows have given 16 positive articles.

    Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email JimVanMeerten@gmail.com.

    Disclosure: no position in ADSk at the time of publication

    Disclosure: No Positions
    Stocks: ADSK
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $EXEL - 96% technical buy signals - 16 new highs and up 39.23% in the last month = Relative Strength Index 86.09
    about 4 hours ago
  • $FARM = 100% technical buy signals - 19 new highs and up 19.51% in the last month - Relative Strength Index 82.78%
    3 days ago
  • $WIN - 96% technical buy signals - 16 new highs and up 19.76% in the last month - Relative Strength index 75.56%
    3 days ago
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.