"The combination of a strong market position, industry and geographic diversification, a strong balance sheet, and excellent cash flow positions us for continued success."
You'd think that the speaker above was a dyed-in-the-wool Fool. Autodesk
Autodesk's business balance is indeed impressive. Name another company that competes with Adobe Systems
Still, as nice as today's price pop is, I still think that Autodesk deserves better. It's an excellently managed company with the product leadership, veteran management, and long-term mindset needed to move from merely good to truly great. Yet the stock is still 22% cheaper today than it was on New Year's Eve. I thought the market overreacted in February, and Autodesk looked extremely tempting in March. That it's a five-star CAPS stock with a 94% approval rating bolsters my optimism.
Global gains, strong growth, diverse product lines, brilliant management -- and all for pennies on the dollar. What's not to love?
Further Foolishness: