Adobe Systems (NASDAQ: ADBE) is a titan in the software industry, and the stock has been a long-term winner, up 100% in the last three years and 400% in the last five years. In both cases, those gains beat the S&P 500 by a wide margin.
However, past performance is no guarantee of future returns. And the stock has struggled over the last 12 months, which may have investors wondering: Is this tech company still a good investment? Let's take a look.
For decades, Adobe has been the dominant player in the creativity software market. Whether you need to edit an image, design a mobile app, create graphics for social media, or add special effects to a Hollywood blockbuster, Adobe Creative Cloud has the tools to make it happen. More importantly, applications like Photoshop, Illustrator, Premiere Pro, and After Effects are virtually unrivaled in terms of market share.
Source Fool.com