PTC Stock Surges 41% in a Year: Will the Rally Continue?

PTC Inc (PTC) is continuing its upward trajectory, with a gain of 41% in the past year compared with the S&P 500 composite and sub-industry's growth of 29.2% and 35.7%, respectively. PTC is a software provider offering a comprehensive portfolio of software including computer-aided design (CAD) and product lifecycle management (PLM) solutions. The company's software can be delivered on- premises, in the cloud or in a hybrid model. Solid financial performance has been driving a good run on the trading front. ...