Autodesk Stock Predictions: Autodesk Still Has Upside Potential Of Up to 100%
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
ADSK Stock Predictions
Summary:- Autodesk’s stock has risen more than 107% since my previous go-long recommendation for it last July 4, 2016.
- I am again reiterating that ADSK is still worth buying right now.
- Autodesk’s successful transition of its software products to the Software-as-a-Service business model means it will continue to dominate CAD and 3D design software.
- Like Adobe’s experience, monthly/annual subscription-based software distribution is a great way to minimize the impact of software piracy.
- My buy rating for ADSK is strongly supported by the algorithmic forecasts of I Know First.