I've been a little surprised by Autodesk's (Nasdaq:ADSK) performance over the past nine months or so. While I've long liked this company and thought it was significantly undervalued on a cash flow basis, I've been surprised that worries about macroeconomic conditions, the switch to a cloud/subscription model, and generally unimpressive top-line growth didn't overshadow that underlying value. With another disappointing quarter in hand and estimates heading lower, though, it may be a little harder for the value trade to support these shares in the short term.
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http://www.investopedia.com/stock-analysis/051713/how-much-further-can-value-carry-autodesk-adsk-anss-pmtc-adbe.aspx
Investopedia: How Much Further Can Value Carry Autodesk?
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