Forget a Takeover From Autodesk, PTC Is a Great Stock to Buy Anyway. Here's Why.

PTC (PTC 1.21%) investors were treated to a flurry of excitement in July as, according to reports, its larger peer Autodesk (ADSK 0.78%) took a serious look at acquiring the company only to appear to back off any such large undertakings by issuing a regulatory filing stating it was "allocating capital to organic investment, targeted and tuck-in acquisitions." Is the fun over, or are there more surprises to come?