My brokerage account had some spare funds sitting around in the spring of 2017, so I made a short list of seven interesting tickers where those assets might do some good. After some further research, I elected to start a position in NeoPhotonics.
Nearly three years later, I stumbled across that list again. The results in my original seven-ticker group were all over the place, but one of them soared well above the rest with a 130% return. That's what it took to remind me of engineering simulation specialist Ansys (NASDAQ: ANSS).
For those keeping score at home, the S&P 500 had gained 32% over the same period while my hapless maker of optoelectronic components took a 7% haircut instead. This discovery made me curious about two things: