Adobe Stock Still Looks Extremely Overvalued
Adobe's (NASDAQ: ADBE) stock was crushed late last week after earnings -- and for good reason. The company isn't growing rapidly on the back of artificial intelligence, and it looks like shares have been bid up to an unsustainable level. In this video, Travis Hoium covers the multiples and what investors should watch for next.
*Stock prices used were end-of-day prices of March 15, 2024. The video was published on March 19, 2024.
Source Fool.com
Adobe Inc. Aktie
465,05 €
0,31 %
Hohe Buy- und niedrige Sell-Zahlen bei Adobe Inc. zeigen ein stark positives Sentiment.
Bei einem Kursziel von 582 € für Adobe Inc. deutet sich eine Steigerung von über 20% vom aktuellen Kurs von 465.05 € an.
