April 19th, 2006
Ansys
Deutsche Bank significantly increased its EPS estimate for Ansys (ANSS) today. Ansys is a neat little company, a leading provider of simulation software for engineers. It is able to model the physical forces that products will be exposed to. Not very long ago this technology was limited to a few high-level engineers with highly sophisticated computers. It is increasingly becoming usable by every designer with a recent model workstation, which offers a wide new market for Ansys and the ability to streamline workloads for Ansys’ customers. The stock has had a very strong rise since January, so it may not be the best time to jump in. However, the underlying trends should continue in Ansys’ favor for several years.
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