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Stock impact report

Why Adobe Is Up 40% in 2018 [The Motley Fool]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Company Research Source: The Motley Fool
The creative softer purveyor has produced remarkable gains lately, and the best may be yet to come. Adobe Systems ( NASDAQ:ADBE ) is best known for its ubiquitous portable document format (PDF), widely used for formatting and sharing documents. Several years ago, the company made the difficult transition from selling shrink-wrapped software to a software-as-a-service (SaaS) model, providing a host of cloud-based offerings to the creative community, including image- and video-editing software such as Photoshop, Illustrator, and Premiere Pro. The company's big risk paid off, as the stock is up more than 400% over the past five years and has gained 40% thus far in 2018 -- even after the recent market slump. For perspective, the broader market, as represented by the S&P 500 , has gained about 3% so far this year. Let's look at what's driving Adobe's stellar growth and what it says about the company's future prospects. Image source: Adobe. A broken record Adobe ha Show less Read more
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