I'm interested in who thinks the ideal time to short the stock is now and why? I do not share that opinion.
Good earnings report
First Quarter Fiscal Year 2023 Financial Highlights Adobe achieved revenue of $4.66 billion in its first quarter of fiscal year 2023, which represents 9 percent year-over-year growth or 13 percent in constant currency. Diluted earnings per... — read more
Earnings report is coming tomorrow
The consensus EPS forecast is $2.77, which is higher than last year's $2.64. That in itself should be good news. Still, I admit I'm a bit nervous. Adobe has been playing with my nerves lately and I'm not going to enjoy it if I get even more bad news... — read more
ADBE never went down this much continuously
It has still not reached its 52-week low, but it did go down by nearly $200 in a little over two months. It is still well above what I paid for it, but I'd lie if I said I wasn't getting nervous. I'll give it a few more months before I consider doing... — read more
When it dips, I buy
A month ago I invested roughly an additional $11k into Adobe. Today, those shares are worth around $13k. This is not the first time I bought Adobe when it dipped and it certainly won't be the last. It's obvious by now that Adobe will continue its... — read more
Optimistic and cannot wait for more $$$
As a user dislike Adobe's pricing policy, but as an investor I see where they are going and this stock will continue to appreciate. They managed the transition to the clould very well and they are milking the proceeds of their undistrupted #1... — read more