February 3, 2009

More on Autodesk

According to this article, the Fool owns shares of Autodesk. I covered the stock in November when shares were trading in the low teens.

For more food for thought, Morningstar has an excellent article on the company's wide moat and competitive advantages.

The company reports earnings on February 26. While the stock has risen into the high teens since its lows of November, the company may still report lowered earnings and guidance. Prudent investors may want to see if the stock drops before snagging shares. Still, buying a quality company for under $20 seems like an excellent entry point.

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