"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?
Fool contributor Anders Bylund owns shares of Google but holds no other position in any of the companies discussed here. You can check out Anders' holdings if you like, and Foolish disclosure is your personal sherpa on the trail to a better portfolio.