A high-growth, mature software stock, so it hasn't sold it as much as, say, Shopify. They have a great customer base and a strong acquisition track record that fuels growth. Great recurring revenue base. He's looking at it.
A high-growth, mature software stock, so it hasn't sold it as much as, say, Shopify. They have a great customer base and a strong acquisition track record that fuels growth. Great recurring revenue base. He's looking at it.
A great name. He likes their migration to a subscription basis. It has good pricing power and he personally uses their products all the time. They are the defacto standard. A little rich at today's value though. He would also consider the ETF IGV-A to help diversify some of the risk in the space.
A great name. He likes their migration to a subscription basis. It has good pricing power and he personally uses their products all the time. They are the defacto standard. A little rich at today's value though. He would also consider the ETF IGV-A to help diversify some of the risk in the space.
Big data recommendation? On the hardware side, you have the chip manufactures and communication companies. On the processing side, he recommends XLNX-Q. On the software side you have cloud and data analytics. He recommends EQIX-Q. He thinks there will be more consolidation. He also likes ADBE-Q.
It's in the digital media/creative space. It's reasonably priced now. His price target is the current $250, so he'd buy at $210-220.
It's in the digital media/creative space. It's reasonably priced now. His price target is the current $250, so he'd buy at $210-220.
Would selling be a good idea? He views this as a disciplined way to buy into a stock. This is a quality business, but it comes at a high valuation right now. He is already long his full allotment. Over the next 3-4 years, this stock will continue to strengthen.
Would selling be a good idea? He views this as a disciplined way to buy into a stock. This is a quality business, but it comes at a high valuation right now. He is already long his full allotment. Over the next 3-4 years, this stock will continue to strengthen.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 4
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 8
Adobe Systems is a American stock, trading under the symbol ADBE-Q on the NASDAQ (ADBE). It is usually referred to as NASDAQ:ADBE or ADBE-Q
In the last year, 8 stock analysts published opinions about ADBE-Q. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Adobe Systems.
Adobe Systems was recommended as a Top Pick by David Fingold on 2020-02-04. Read the latest stock experts ratings for Adobe Systems.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
8 stock analysts on Stockchase covered Adobe Systems In the last year. It is a trending stock that is worth watching.
On 2020-04-03, Adobe Systems (ADBE-Q) stock closed at a price of $293.61.
