PTC: A Bullish Bet With ServiceMax Integration Boost
PTCPTC(PTC) Seeking Alpha·2024-07-13 03:02
kentoh/iStock via Getty Images Investment Outlook PTC Inc. (NASDAQ:PTC) provides a wide array of lifecycle management software and services to various industries worldwide. I previously wrote about PTC in May 2023 with a Hold outlook due to flat organic bookings growth. Despite a challenging sales environment for transformational deals, the company has produced revenue and earnings growth as it works to maximize value from its 2023 acquisition of ServiceMax. While PTC Inc. stock isn’t cheap, my outlook  ...