The Recent Sell-Off Is a Buying Opportunity for This Unstoppable Stock
It's no secret that stocks in the technology sector have been volatile in 2021. While some of this is a consequence of overstretched valuations and overly optimistic growth assumptions, that's not the case with industrial software company PTC (NASDAQ: PTC). As such, the stock should be looked at closely by investors. Here's how PTC makes money and why investors should favor buying its stock on any significant weakness in 2021.
As a reminder, the investment case for buying PTC is that the growing digitization of the factory will spur demand for its core computer-aided design (CAD) and product lifecycle management (PLM) software.
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Source Fool.com