Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Software Stock Crushed the Nasdaq by 31% in 2022: Here's Why It Has Room to Run

TheMotleyFool

0 0

This Software Stock Crushed the Nasdaq by 31% in 2022: Here's Why It Has Room to Run: https://g.foolcdn.com/editorial/images/710512/digital-factory.jpg

In a year when most tech stocks are tumbling, shares in industrial software provider PTC (NASDAQ: PTC) are crushing it -- up a little, over 1%, while the Nasdaq Composite index is down 29%.

However, I think there's more to come. Despite suffering a recession in 2020 and a significant change in its business model, the company is on track with its medium-term growth aspirations, and its long-term outlook is excellent.

Here's how and why PTC deserves a look in every growth investor's portfolio.

Source Fool.com

Like: 0

PTC

Share