The 5 Reasons I Sold Adobe Stock
I bought a lot of shares of (NASDAQ: ADBE) throughout the first half of 2022. At the time, I admired the strength of its digital media products, the stickiness of its subscriptions, its stable growth rates, and its reasonable valuations.
However, I trimmed my position last August and sold the remaining shares for a slight profit following the release of its first-quarter earnings report on March 14. These are the five core issues that changed my opinion about the cloud services giant.
Image source: Getty Images.
Source Fool.com
Adobe Inc. Aktie
226,40 €
0,80 %
Die Community bevorzugt Adobe Inc., mit deutlich mehr Buy- (35) als Sell-Einschätzungen (3).
Das Community-Kursziel von 364 € für Adobe Inc. deutet auf eine deutliche Steigerung um mehr als 50% gegenüber dem aktuellen Kurs von 226.4 € hin.
