Best Long Term Stock Ideas

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>>> PTC for the new manufacturing world

https://finance.yahoo.com/news/3-great-value-stocks-set-172200800.html

This industrial software company's solutions lie at the heart of the digitization of the manufacturing sector. Its computer-aided design (CAD) software helps customers digitally create and modify designs. The products that are designed can be digitally analyzed and tested via simulation before they are built. This interface between the physical and digital worlds continues with PTC's product lifecycle management (PLM) software. Meanwhile, its Internet of Things (IoT) software digitally integrates products and assets.

Digital technology is revolutionizing manufacturing and helping reduce product development times while creating so-called "closed loop" manufacturing, whereby data is being constantly analyzed to improve production iteratively, and can even lead to adjustments to the product design.

These are hot concepts in modern manufacturing plants, and PTC is a leader in the field. The company continues to grow its annual run rate revenue, a figure that represents its recurring revenue, at a mid-teens growth rate, and it's likely to drop down into significantly more free-cash-flow generation in the coming years. Wall Street analysts have PTC growing its free cash flow to around $1 billion in 2026, putting the stock at a ratio of 20 times estimated 2026 free cash flow at the current price. That's a good value for a company growing at a mid-teens rate.

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