Better Cloud Stock: Adobe vs. Autodesk
Adobe (NASDAQ: ADBE) and Autodesk (NASDAQ: ADSK) provide essential software for designers and other media professionals. Both companies also locked their users into sticky subscriptions by converting their desktop software into cloud-based services over the past decade.
That transformation turned Adobe and Autodesk into two of the market's most resilient software-as-a-service (SaaS) stocks. Over the past 10 years, Adobe's stock rallied nearly 1,100% while Autodesk's shares advanced more than 440%. The Nasdaq only rose about 290% during the same period.
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Source Fool.com