Ron Baron Comments on Ansys

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May 11, 2023
Summary
  • Company's leadership position provides it with significantly more data and experience than competitors.
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ANSYS, Inc. (ANSS, Financial) software allows customers to replace physical prototypes with computer-based simulation. ANSYS is the largest provider and developer of simulation capabilities. ANSYS’ simulation leadership position provides it with significantly more data and experience than competitors establishing an important moat for its business.

From Ron Baron (Trades, Portfolio)'s Baron Funds first-quarter 2023 letter.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure