Analysis
ANSYS earns highest rating from Investor's Business Daily
ANSYS is one of only six technology businesses worldwide to receive the highest possible score in a new list of stock ratings published by Investor's Business Daily. The financial publication’s SmartSelect Composite Ratings of publicly traded companies grade stock performance on a scale of 1 to 99. ANSYS earned a rating of 99 earlier this month, the highest possible score. This places ANSYS among the top 1 percent of all stocks reviewed by the publication.
In c“Engineering simulation is a rapidly growing field because it helps companies overcome their greatest challenge — speeding the product development process, while maintaining a high degree of confidence in product integrity,” said Jim Cashman, president and CEO of ANSYS. “By designing and assessing products in a low-risk virtual environment, engineering teams can make sure they ‘get it right’ rapidly and cost-effectively, with minimal investments in physical prototypes and field testing. We expect applications for ANSYS software to continue to grow, as both engineers and executives realize the promise of Simulation-Driven Product Development™. Our company’s strong performance reflects the real value that ANSYS solutions add for customers around the world, every day and in every industry.”