Adobe Stock Forecast: There’s Still Room For Adobe’s Stock To Go Higher

September 22, 2016
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First.

Adobe Stock Forecast

Summary:
  • Adobe’s stock price has posted a new 52-week high. I say this stock can still go higher.
  • Strong growth in software subscription will continue to propel Adobe’s topline and bottomline growth.
  • Adobe has little to zero competition in commercial design software.
  • Adobe’s stock has strong buy signals based on I Know First Forecast.

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