Adobe Has a Lot to Prove This Week -- 3 Things to Watch
Adobe (NASDAQ: ADBE) performed admirably last year for a company with a market cap over $160 billion, as it gained nearly 46% in 2019, far exceeding the 29% gains of the S&P 500 and driving its stock to new all-time highs in the process.
What propelled Adobe to these lofty heights? The creative software leader delivered four consecutive quarters of record-breaking growth, closing out 2019 as its best year ever.
Investors will be watching closely to see if Adobe can continue its record performance when the company releases its first quarter 2020 results after the market close on Thursday, March 12. Let's look at three things investors will be watching when Adobe reports earnings.
Source Fool.com
