ANSYS, Inc. develops and globally markets engineering simulation software and services used by engineers, designers, researchers and students. Co. caters to a range of industries and academia, including high-tech, aerospace and defense, automotive, energy, industrial equipment, materials and chemicals, consumer products, healthcare, and construction. Co.'s solutions enable users to analyze designs on-premises and/or via the cloud, providing a common platform for product development, from design concept to final-stage testing, validation and deployment. Co. distributes its suite of simulation technologies through direct sales offices and a network of independent resellers and distributors.
When researching a stock like Ansys, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ANSS Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ANSS stock — the real life supply and demand for the stock over time — and examines that data in different ways. |