ADBE Analysis: Don't Buy Adobe Stock Until It Falls to THIS Price
Adobe(ADBE) Investor Place·2024-07-25 18:15
Here’s a technology stock that definitely needs to be on your watch list. Adobe (NASDAQ:ADBE) is known as a software company, though it’s also involved with cloud computing. While Adobe stock should reward patient shareholders over the long term, it’s prudent to wait until the stock is trading at a lower, better price.The good news about Adobe is that the company is getting serious about generative artificial intelligence. The bad news is that Adobe appears to be very richly valued, and the company has to c ...