ANSYS: Positioned To Keep Growing Earnings And Revenue In Hot Industries

Jun. 03, 2021 3:20 PM ETANSYS, Inc. (ANSS) StockANSS1 Comment
Rick Pendergraft
4.04K Followers

Summary

  • ANSYS Inc. is an application software firm that offers a platform of engineering simulation solutions.
  • The company's products offer simulations for electric vehicle development as well as autonomous vehicles.
  • A recent double-dip pullback appears to be providing a buying opportunity on the stock.
Smart industry control concept.
Photo by B4LLS/iStock via Getty Images

ANSYS Inc. (NASDAQ:ANSS) is a specialty software firm that develops and markets engineering simulation software. The company has performed relatively well over the last few years in terms of its earnings and revenue growth, and its profitability measurements. The stock has performed well

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This article was written by

4.04K Followers
Rick Pendergraft is a Strategic Content Manager at Seeking Alpha. Prior to joining the company, he was a contributor to the site and has been involved in the investment publishing industry for over 20 years. He has worked for some of the largest financial publishers in the world and he has been quoted in the Wall Street Journal, USA Today, and New York Times. In addition, he has been interviewed on Bloomberg, CNBC and Fox Business News. Rick received a Bachelor of Science Degree in Economics from Wright State University. When he isn’t working at Seeking Alpha, you can usually find Coach Rick doing something involving basketball. He coaches with a high-level travel basketball program in South Florida currently.

Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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