On Aug. 29, Carl Icahn incremented his stake in Nuance Communications (NUAN) by 3%. The investment guru started buying the company's stock by the end of March 2013. Since then, he increased his participation in the company in four occasions, turning into the largest institutional stockholder by a large margin. So, one question arises: What does Icahn see in Nuance? And, is there a better option in the software industry?
In order to answer these interrogations, I will look into Nuance and Autodesk (ADSK), and try elucidate which one stands as the most appealing investment opportunity. Continue Reading »