3 Reasons to Buy Adobe's Stock After Its Strong Q2 Report
Adobe System's (NASDAQ: ADBE) stock recently hit an all-time high after the company released its second-quarter earnings report. The cloud-based software company's revenue rose 23% year over year to $3.84 billion, beating estimates by $110 million. Its adjusted net income also increased 23% to $1.46 billion, or $3.03 per share, which surpassed expectations by $0.21 a share.
Those headline numbers were impressive and the stock price reflects that, but it's still not too late to buy Adobe, for three simple reasons.
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Source Fool.com
