3 Reasons Why Adobe Stock Is Dirt Cheap Right Now
When it comes to tech, Adobe (NASDAQ: ADBE) isn't exactly the most exciting name. The old software firm is exhibiting many characteristics of a value stock: Its core proficiencies (document editing and creative software) are far from a high-growth industry, and revenue is steady and predictable. As boring as Adobe is as a business, though, the returns are far from dull. The stock is up over 140% over the last three-year stretch, compared to just a 58% return for the S&P 500.
After the company's most recent quarterly earnings, this stock looks dirt cheap. Here are three reasons why.
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Source Fool.com
