Ansys develops and markets engineering simulation software and services used by engineers, designers, researchers and students. Co. focuses on the development of solutions that enable users to analyze designs directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. Co.'s Discovery product family allows every engineer to benefit from the insight of simulation in their product design. Co. also provides Ansys Workbench connectivity, empowering analysts to do geometry preparation for simulation in Discovery, including materials selections and upfront simulation, with transfer to Ansys Mechanical and Ansys Fluent.
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. |