Technology stocks got a huge boost over the past year in a pandemic-influenced economy. Organizations around the globe have accelerated their transition to more digital-based operations that enable flexibility and remote work and help save on costs.
Adobe Systems (NASDAQ: ADBE) and DocuSign (NASDAQ: DOCU) are two cloud-based software firms that tout the ability to help with this digital transformation and that suggests they have plenty of growth potential ahead. However, one of them is a better buy at this juncture.
Adobe, with its suite of software for creativity and design, has been around since the early 1980s. It's remained in steady growth mode over the decades and has transitioned its services to a new era favoring subscription-based services delivered via the cloud. Along the way, Adobe has also added new areas of expertise aimed at things like digital marketing, electronic signatures, and collaborative document editing (where it competes head-to-head with DocuSign).
Source Fool.com