Creative software market leader has growth and quality credentials and trades at a discount to its usual rating
Thursday 12 May 2022 Author: Steven Frazer
Betting against the market is always risky and it may feel contrarian to be thinking about buying anything technology-related. But we think Adobe (ADBE:NASDAQ) stands out for three clear reasons: its consistently strong financial performance; its exposure to structurally growing markets; and its powerful balance sheet. This is a high-quality business getting very short shrift from the markets right now. Despite beating analyst forecasts in the first-quarter, its shares...