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5 Technology Stocks That (Almost) Are the Next Apple

AAPL is in a league of its own, but these picks come close

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Autodesk

Autodesk 5 Technology Stocks That (Almost) Are the Next AppleAutodesk (NASDAQ:ADSK) is the gold standard in computer-animated design. The company provides products that are a mainstay of both engineering firms and entertainment companies worldwide.

Growth: Autodesk has seen seven straight quarters of year-over-year revenue growth, though admittedly sales still are down from their pre-recession peak. The company also has seen eight straight quarters of EPS increases, with fiscal 2012 earnings forecast to be up more than 50% over last year and more than five times earnings in fiscal 2010.

Cash: Total debt is zero, and cash and short-term investments at Autodesk tally over $1.3 billion.

Performance: Autodesk actually is down moderately in the last year, though it has doubled the market since early 2010 with a 50% gain in the past two years. Shares have done fairly well as of late, however, tallying 18% gains since Jan. 1 to trounce the market. ADSK recently had its buy rating reaffirmed by analysts at Jefferies Group (NYSE:JEF) just last week.


Article printed from InvestorPlace Media, http://investorplace.com/2012/01/5-tech-stocks-next-apple-aapl-ctxs-rht-ffiv-adsk-ctsh/.

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