2 Beaten-Down Growth Stocks to Buy for 2023
Expectations matter in investing. In the case of positioning technology company Trimble (NASDAQ: TRMB) and engineering-design software company Autodesk (NASDAQ: ADSK), they all haven't quite lived up to lofty expectations this year. That said, the bad news is arguably now priced in, and they are attractive stocks for growth investors. Here's why.
The company provides hardware and software that allows companies to position, model, and analyze their assets. Its traditional core-end market is geospatial mapping, so you can think of energy companies mapping fields, or roads being precisely laid out.
However, Trimble's solutions are also highly relevant in transportation (managing trucking fleets, for example), farming (precision agriculture), and construction/infrastructure projects, where Trimble's technology can help ensure projects are finished on time and with less waste.
Source Fool.com
