Autodesk (ADSK) are leaders in computer aided design software and services that have made it a $35 billion market cap company today. Typically a company of this size finds it hard to talk up an exciting growth story going forward. However, ADSK is an exception to the rule with analysts predicting an incredible 63% average annual EPS growth over the next 3-5 years.

Yes, that sounds like a lofty goal. However, when you realize that they have beaten earnings for 15 straight quarters, often by a wide margin, then you know that something special is taking place at the firm. That includes a big move to cloud based solutions that have increased the adoption and renewal rates of their products.

Investors have certainly noticed the unique growth story at ADSK. This explains why shares are up nearly 100% since the start of 2017.  And given the encouraging growth ahead, and consistency of their operational outperformance, there is likely to be much more upside ahead for this stock.

Wall Street Analysts agree as the average target stands at $180 including a street high $200 from 5 star analysts Matthew Hedberg of RBC Capital. Top hedge fund managers are also clamoring towards shares including nearly $500 million worth of shares by Steve Mandel of Lone Pine Capital.

Best of all, Autodesk has risen to a POWR rating of A – Strong Buy from StockNews.com. Intel (INTC), Comcast (CMCSA), VM Ware (VMW) and Check Point Software (CHKP) are other firms recently awarded this coveted rating of A. You can learn more about the POWR rating system at https://stocknews.com/powr-ratings/.

9 "Must Own" Growth Stocks For 2019

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