Sell: PTC Inc. (PTC)
From Capitalist Times
Updated from Wall Street’s Best Investments 797, September 20, 2017
PTC Inc. (PTC) brought the first commercial computer-aided design (CAD) product to market about 30 years-ago and the first web-enabled product life-cycle management (PLM) solution in the late 1990s. These core businesses stand to benefit from the ongoing transition of its CAD, PLM and SLM customer base from perpetual licenses to a subscription model.
Although we continue to like PTC’s growth story, the stock has moved too far, too fast. Sell PTC and book a nice gain.
Peter Staas, Capitalist Times, www.capitalisttimes.com, 888-960-2759, January 2018