Autodesk Stock Price Increases 27% YTD: How Should You Play It?
Autodesk(ADSK) ZACKS·2024-11-22 01:51
Autodesk’s (ADSK) shares have risen 26.4% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s appreciation of 27.8%.However, ADSK has outperformed the Zacks Computer – Software industry and its peers like Intuit (INTU) , ANSYS (ANSS) and Verint Systems (VRNT) .In the same time frame, INTU shares have gained 4.1%, while Ansys and Verint have declined 5.7% and 13.8%, respectively. The industry has risen 16.3% YTD. The company’s outperformance can be attributed to the strengt ...