This Beaten-Down Tech Stock Is a Coiled Spring for Decades of AI-Fueled Growth
Adobe(ADBE) The Motley Fool·2024-09-17 18:15
Adobe is innovating again, and that's great news for long-term investors.On Sept. 13, Adobe (ADBE -2.86%) stock tumbled 8.5% in response to its third-quarter fiscal 2024 results and weak guidance.Here's why Adobe is a top growth stock to buy now and what to look for from the enterprise software company. Unimpressive growthAdobe reported record third-quarter revenue but guided for just $5.5 billion to $5.55 billion in fourth-quarter fiscal 2024 revenue and non-GAAP (adjusted) earnings per share (EPS) of $4.6 ...