I am currently going through my Watch List to ensure that each company still deserves to be on the list. Because of the number of companies on my list, I am going to try to knock out 2 per weekday.
|Company name||ANSYS, Inc.|
|Live stock price||[stckqut]ANSS[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$80.28|
|Target stock price (averages with growth)||$117.87|
|Target stock price (averages with no growth)||$112.93|
|Target stock price (manual assumptions)||$78.59|
The following company description is from Google Finance: http://www.google.com/finance?q=anss
ANSYS, Inc. (ANSYS) develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a spectrum of industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. . The Company distributes its ANSYS suite of simulation technologies through a global network of independent resellers and distributors (collectively, channel partners) and direct sales offices in strategic, global locations. On August 1, 2012, the Company completed its acquisition of Esterel Technologies, S.A. (Esterel). In April 2013, it acquired EVEN - Evolutionary Engineering AG. In January 2014, the Company acquired Reaction Design.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in ANSYS, Inc.
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