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Autodesk Inc. (ADSK $235.87)
- $235.87 P/E (TTM): 44.94X Cap: $49.80B
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Autodesk Inc. (ADSK $235.87)
- $235.87 P/E (TTM): 44.94X Cap: $49.80B
- View ADSK Profile
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Q: Normally, I would continue to hold these stocks – CLBT, SNOW, CSU, TRI, OKTA, HUBS, ADSK, KRMN - but all are in the red and I could use some capital losses for tax reporting. BUT all are rated as strong buys with good potential upside by TipRanks. I think only KRMN reports within the next thirty days. Would you sell any today? And would you buy them back in thirty days? Would I be better to wait until closer to the end of the year? Thank you.
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Autodesk Inc. (ADSK $235.87)
- $235.87 P/E (TTM): 44.94X Cap: $49.80B
- View ADSK Profile
- View Questions on ADSK
Q: Could I please get an update on the potential for Autodesk? I have held it for years as a cornerstone in my portfolio, but the stock price has essentially done nothing. The company has transitioned to a cloud-based subscription business and changed some billing practices. It is now changing its third-party transaction model and doing a restructuring. I think the SEC investigation is still ongoing (and a lawsuit) and am not sure how big this could be. It sounds like Trump has paused the big US infrastructure bill but still plans to spend lots on construction and infrastructure. Could this be the year Autodesk finally takes off?
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Autodesk Inc. (ADSK $235.87)
- $235.87 P/E (TTM): 44.94X Cap: $49.80B
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