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Sydnee Gatewood
Sydnee Gatewood
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Ron Baron Comments on Ansys

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July 29, 2020 | About:
ANSYS, Inc. (NASDAQ:ANSS) is a leading provider of physics-based simulation software to evaluate how products will perform under various environments. Shares rose on solid financial results supported by overall strength in software stocks. Despite COVID-19’s short-term negative impact on the company, management noted a growing usage of simulation software as physical testing is halted, which we believe should accelerate the secular shift towards simulation. We view ANSYS’s growth to be sustainable, supported by secular trends, strong branding, and expanding product lines and partnerships.

From Ron Baron (Trades, Portfolio)'s Baron Growth Fund second-quarter 2020 shareholder letter.

About the author:

Sydnee Gatewood
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg

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