PTC has been a growth stock and is just coming off an all-time high. The numbers look okay on it, but the PE is a very high 31.8. I am expecting the stock market to have a correction in the next 3-6 months, and it might be a doozy - maybe 20%. If so stocks like PTC will take a major, major hit. Plus their company description on Google Finance is pure gibberish, I don't have a clue after reading it what this company does.
There was an interesting article in the WSJ recently - did you know that since 1926, the after-inflation return on stocks (again this is after inflation) has averaged 1.5% per year? That's right, 1.5%! Dividends right now average 2% (on dividend paying stocks which PTC is not). My takeaway from that is it pays to stick with dividend paying stocks for the core of a portfolio. Growth stocks are okay, but you need to choose them wisely and not have 100% invested in them.