3 Reasons to Buy Adobe, and 3 Reasons to Sell
(NASDAQ: ADBE) posted its latest earnings report on Sept. 14. For the third quarter, which ended on Sept. 1, the creative software giant's revenue rose 10% year over year (13% in constant currency) to $4.89 billion and topped analysts' estimates by $20 million. Adjusted earnings per share (EPS) grew 20% to $4.09 and cleared the consensus forecast by $0.11.
Adobe's stock dipped after that report, but it's still sitting on a year-to-date gain of 64%. Let's review three reasons to buy Adobe -- as well as three reasons to sell it -- to see if it's worth buying at these levels.
Image source: Getty Images.
Source Fool.com
Adobe Inc. Aktie
Adobe Inc. sticht hervor mit 60 Buy- und nur 2 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 588 € für Adobe Inc. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 502.1 € hin.