DASTY - ANSYS: An Expensive Long-Term Growth Story
ANSYS (ANSS) is a technology company with multiple growth drivers. In the last five years, the company’s revenue has increased at a CAGR of 9.07%. I expect revenue will continue to increase around this rate in the next five years. However, the company’s stock is expensive compared to its competitors’ stocks. Long-term investors can buy this stock during pullbacks to maximize their gain.
ANSYS develops and markets engineering simulation software and services. The company serves the following end markets: automotive, electronics, semiconductors, aerospace and defense, energy, healthcare, and consumer products. The company’s products