Stock Of The Day: Autodesk Beats Earnings As Shares Find Support At This Level

Shares of Autodesk, Inc. ADSK are trading lower on Wednesday but they may have found support. The company posted earnings that were slightly better than estimates but investors are concerned about decreasing margins. Our team of traders and technical analysts has made it our Stock of the Day. Operating margin is the percent of profit a company has on a dollar of sales after all costs are considered. In Q3 of last year, Autodesk had an operating margin of 24%. This means that for every dollar of sales, the c ...