1 Industrial Software Stock to Buy Hand Over Fist and 1 to Avoid
Summary
The digital revolution sweeping the manufacturing and industrial sectors is still in its early stages, which means that PTC will have many years of growth ahead. Trimble is set to significantly improve cash-flow generation in the coming years as its recurring revenue drops into cash flow. PTC and Trimble are set to grow earnings and cash flow significantly in 2024, but I think theres more risk around PTCs guidance than now. Meanwhile, Trimbles earnings could surprise on the upside in 2024 if it has excellent traction in building and construction, and its transportation end market might bottom out. 1 Industrial Software Stock to Buy Hand Over Fist and 1 to Avoid was originally published by The Motley Fool
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