Stocks This Month: Buy ANSYS And KLA

Photographer: Michael Nagle/Bloomberg© 2024 Bloomberg Finance LPThe monthly NASDAQ composite cycle bottomed last week. There may be a minor pullback next month, but the overall uptrend is intact. Most NASDAQ stocks are very overbought, but there are still some stocks that are reasonably positioned.ANSYS develops and markets engineering simulation software and services for engineers, designers, and researchers. The stock is likely to move higher. We can see that the share price is in a three-year triangle. A ...