Autodesk Stock Forecast: Why Autodesk Is A Long-Term Winning Investment
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.
Autodesk Stock Forecast
Summary:
- Autodesk is a leader in the 3D modelling/animation and CAD/CAM software industries.
- The 3D CAD software industry is growing at CAGR of 5.8%. It will mature to a $13.12 billion/year business by 2025.
- Autodesk is one of the top beneficiaries of the multi-trillion-dollar creative industry. It provides industry-standard tools for content creators/creative professionals.
- Aside from engineering/manufacturing, movies, advertising, TV shows, video games, and mobile apps are also long-term tailwinds for ADSK.
- Buy and hold ADSK right now. I Know First has very bullish algorithmic forecasts for this stock.