With continued market strength, I constantly look for stocks trading in the upper right corner of their charts. One of my favorite ideas right now is Autodesk, Inc. (ADSK). The technical and system software marker has shown a nice consolidation after a strong up move with the market. I believe a break of the $44.50 resistance level, which would be new 52 week highs, will lead to a strong follow through move. ADSK was recently upgraded to outperform by R.W. Baird with a $46 price target.
*DISCLOSURE: Long ADSK
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