Top 5 Stocks to Buy According to Charles Montanaro’s Hedge Fund

2. ANSYS, Inc. (NASDAQ:ANSS)

Montanaro Asset Management’s Stake Value: $34.5 million

Percentage of Montanaro Asset Management’s 13F Portfolio: 4.15%

Number of Hedge Fund Holders: 38

ANSYS, Inc. (NASDAQ:ANSS) generated double-digit top and bottom-line growth so far in 2021. Moreover, the company’s strategy of investing in organic growth opportunities along with the acquisition of Zemax will add to its financial momentum in the coming quarters. The company expects to generate $1.8 billion in full-year revenues, up 10.6% from the past year. 

As of September, 38 elite funds were bullish about ANSYS.  Impax Asset Management was the leading stakeholder in the company with a stake worth $262 million.