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PTC Is a Top Stock to Buy for Industrial Technology in 2023

PTC Is a Top Stock to Buy for Industrial Technology in 2023

It's been a while since I've caught up with PTC (NASDAQ: PTC) -- spring 2021, to be exact. Since then, the maker of computer-aided design (CAD) software has done well, growing its revenue and profitability by a double-digit percentage. The only problem is that its shares have fizzled, selling off after a surge in optimism around a government infrastructure spending bill that would ultimately become the scaled-back $1.2 trillion Infrastructure Investment and Jobs Act.