Great company, good times ahead. Stretched valuation, so your potential return might be in jeopardy. An investment now worries him, especially in this time of rising interest rates. High growth stocks tend to be negatively impacted, as the discount rate goes up.
It's done well, but somewhere along the line you're going to have to take some profits. Especially in high tech, and a specialty, it's overvalued. Model price of $278, 50% downside. Scale back. No value here for him.
A great opportunity here. 12-month price target of $698. Pretty significant pullback. One-stop shop. Fair bit of competition. Leader, visionary in the space. Pick it up in thirds here at $565, 535, and 510, with a stop at $500.
It remains the standard product and people simply have to buy their product. The entire tech sector has taken a step back. He is not ready to step in just yet as higher interest rates are going to impact higher PE stocks like this one. Be patient.
It reports Thursday. A solid tech name you can buy right now. But don't own too many high-PE tech stocks, because they act anemically during Fed tightening.
Optimal position would be around 3%. Moves around, a trading stock. 12-month price target of $702. Three most important reasons to own are projections of 24% EPS growth, Y/Y cashflow growth is just shy of 30%, and current year earnings have been revised upwards. Wait to get half just under $600, and another half around 560.
Allan Tong’s Discover Picks If you’re long term, then pick the Adobe Stock as it trades below $600. The fundamentals remain not only sound, but strong. Adobe’s business is software by subscription and the cloud, and these will continue to steadily grow. The street agrees with 17 buys, three holds and a $721.83 price target over 25% higher than current shares. Earnings, cash flow, gross/operating/profit margins, ROE and ROI easily beat the sector. ROI, for example, stands at 31.36%, three times more than its collective peers. Though lower than those competitors, Adobe’s PE of 47.7x may give some investors pause. However, this can be forgiven based on the company’s enduring growth. Read Barbell investing: Adobe, BlackRock, Magna for our full analysis.
Yesterday, the CEO uttered "seasonality" to warn of a soft forecast, even though their quarter was robust. Shares dropped 3% today, undeserved. This is a periodic hiccup. This swoon will last 48 hours. Definitely buy into this weakness. He really likes Adobe.
(A Top Pick Mar 30/21, Up 36.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ADBE has triggered its stop at $635. We recommend covering the remaining position at this time. Combined with the previous recommendation to cover half the position, this results in a total net investment return of 28%.
It reports Tuesday. It's become the bellwhether of tech stocks. The stock has been on fire, because business is booming; their products are essential to e-commerce. He loves their suite of products.
(A Top Pick Mar 30/21, Up 41.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ADBE is progressing well. We recommend trailing up the stop (from $465) to $635. If triggered, this would all but guarantee a minimum investment return over 28%, when combined with the previous recommendation to cover half the position.
A great company. She's looked at Adobe, but the valuation gives her pause. Their cloud business is strong and they transitioned well to a subscription model. If you own, hold on, or buy on weakness. Their product offering is unique and faces little competition, and their customer base of creative professionals uses Adobe as their go-to.
He's trimmed. Price target of $631. Great management. Great execution of business model. Magento was a fantastic acquisition. 3 reasons to own: EPS expected to grow at 25%, Y/Y cashflow is 27%, and earnings estimates have revised up. He'd buy on a pullback.
The broader tech sector has done well during the pandemic. Now at a point where the tech sector needs to be looked at in terms of companies that will continue to generate good revenues and other companies that will not. Digital files are growing and Adobe is part of this. The stock valuation is rich but the outlook is still positive.
Adobe Systems is a American stock, trading under the symbol ADBE (previously ADBE-Q on Stockchase) on the NASDAQ (ADBE). It is usually referred to as NASDAQ:ADBE or ADBE