Adobe Systems
ADBE-Q
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About Adobe Systems (ADBE-Q)
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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.
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.
Software service company. The sector has been one of the best performing in the market. Great company. They own other companies in the space like Microsoft (MSFT-O). Valuation is a little stretched. He would wait for a pullback to put new money on it. Well run company.
Software service company. The sector has been one of the best performing in the market. Great company. They own other companies in the space like Microsoft (MSFT-O). Valuation is a little stretched. He would wait for a pullback to put new money on it. Well run company.
It is old tech. Some of these companies have taken out 2000 highs and ADBE-Q has continued to move higher. He would not trim it if it is no more than 5% and would let it run.
It is old tech. Some of these companies have taken out 2000 highs and ADBE-Q has continued to move higher. He would not trim it if it is no more than 5% and would let it run.
He thinks Adobe is like a rocket and wishes he owned some. He likes their business model and would buy near $150. He would buy-half today and wait for pullback to buy more.
He thinks Adobe is like a rocket and wishes he owned some. He likes their business model and would buy near $150. He would buy-half today and wait for pullback to buy more.
(A Top Pick April 19/17 Up 65%). He sees this as a company that has continued to capture market share and the dominate leading in digital media. He would continue to buy at this level as growth will continue for years.
(A Top Pick April 19/17 Up 65%). He sees this as a company that has continued to capture market share and the dominate leading in digital media. He would continue to buy at this level as growth will continue for years.
(A Top Pick March 21/17. Up 59.71%.) This company really benefited from a shift in its business model to subscription. Once people are subscribing, it’s very easy for them to put the price up, which he thinks they’ve done 3 times in the last year. They're growing their revenue, their profitability and their market share. It is still a Buy.
(A Top Pick March 21/17. Up 59.71%.) This company really benefited from a shift in its business model to subscription. Once people are subscribing, it’s very easy for them to put the price up, which he thinks they’ve done 3 times in the last year. They're growing their revenue, their profitability and their market share. It is still a Buy.
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