Adobe Is a Top Tech Stock, Recession or Not
Despite extreme uncertainty amid the coronavirus crisis and all the ensuing chaos, Adobe (NASDAQ: ADBE) released stellar results for its fiscal 2020 second quarter (the three months ended May 29, 2020).
Along with rival salesforce.com (NYSE: CRM), which also posted resilient financials during its comparable quarter, Adobe is proving it is in fact an integral part of many organizations' operating needs. Subscriptions to its various creative, advertising, and document management software are holding up just fine and continuing to grow by leaps and bounds, even in economically lean times.
Recession or not, Adobe is a top tech stock that demands attention.
Source Fool.com
