why not pay a $3 premium for a company that just gave you 36 cents in earnings
once again the market can stay irrational longer than most can stay solvent. Their only growth is in cloud where, by the way, every tech company is moving .. goodbye margins. They think cloud might hit a billion in annual revs .. so the stock adds $1.5billion in cap. what a joke. This is like AAPL at $700, absolutely unsustainable unless they have another i-trinket to roll out every year. What is next for ADBE that will move the needle. I wouldn't be surprised if this stock is half this price in a year.
Just once I'd like the shorties to admit they were wrong. "Half this price in a year"? You are just a troll shorty with that tripe. I hope you lost your shirt. I'm hoping for a dip so I can buy some more. Everyone and their brother is jumping into this market with both feet, where Adobe is THE leader. In fact, in the latest Forrester report, they were the ONLY company listed in the leader category. Troll all you want, and be foolish enough to short all you want, but this is a hot space, Adobe has great products, and they are executing. Everyone else is playing catch up. Enjoying the ride to new highs.