Just released: the 3 best growth-focused stocks to buy in August [PREMIUM PICKS]

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• The total addressable market of Autodesk is estimated to be $95 billion. Management remains confident that their strong suite of products can deliver 10% to 15% revenue growth for many years.
• The company has recently delivered product enhancements and believes it will continue to produce a free cash flow margin of around 30%.
• A mature company like Autodesk with 10% to 15% sales growth and 30% free cash flow margin is quite impressive. 
• In fact, we believe the market doesn’t appreciate that performance right now, which is why the stock really hasn’t done very much over the past 12 months.
• A recent change to its billing process has caused management to forecast lower-than-normal free cash flow, which has soured investors’ sentiment for the stock. But we believe the accounting change does not impact the fundamentals of the business.