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0.000438446923564103 0.00180250401909682 0.000341014273883145 -0.00131534077069231 -0.0176353095922444 -0.0161251035221903 -0.0277683051590589 -0.0226530910508112
Stock impact report

Adobe: The Best Time To Buy Is Often When It Is The Most Difficult [Seeking Alpha]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Seeking Alpha
Adobe's share price reached an all-time high of $699.54 in November 2021, meaning that today's low of ~$255.00 represent a drawdown of more than 60%. I do not want to minimize the challenges facing Adobe, but I expect its customer base to remain more sticky than what is currently priced in by the market. With double-digit revenue growth expected once again in 2026, a net cash balance sheet and a double-digit free cash flow yield, now is the perfect time to initiate a position. The 'Strong Buy' rating reflects my view that the current share price below $260.00 creates a highly asymmetric risk-reward ratio. The lower it goes, the more tempted I will be to accumulate additional shares. JHVEPhoto/iStock Editorial via Getty Images In The Midst Of A Historic Drawdown After researching ServiceNow ( NOW ) and Trade Desk ( TTD ) over the last few days, I continue my study of the software industry with Adobe ( This article was written by Analyst's Disclosure: I/we have a benefi Show less Read more
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