4 Reasons Why Autodesk May Show Relative Strength Now
Mizuho expects a revenue of $10 billion in fiscal year 2029
Share buybacks are expected to be up to 40% higher this year
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Autodesk (ADSK) is expanding its moat in the areas of design and simulation software with AI, providing customers with unique productivity advantages. The company positions itself as a pioneer in the convergence of design and manufacturing in the cloud and can significantly reduce rework and costs with simulations during the design phase. The stock could show relative strength now in the struggling technology sector: Growth in construction is accelerating with 400 new customers in the last quarter. Fusion remains one of the fastest-growing...
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