Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • Bitcoin USD

    63,953.13
    +2,071.96 (+3.35%)
     

  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • Dow

    37,986.40
    +211.02 (+0.56%)
     

  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     

  • Gold

    2,406.70
    +8.70 (+0.36%)
     

  • Crude Oil

    83.24
    +0.51 (+0.62%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Why Adobe Is One of Jim Cramer’s ‘Cloud Kings’

Anne Shields
Updated
Why Adobe Is One of Jim Cramer’s ‘Cloud Kings’

What Drove Adobe Stock to All-Time High? Earlier in the series, we discussed the factors and offerings that are expected to drive Adobe’s (ADBE) growth in fiscal 2018. Earlier this week, Jim Cramer, host of CNBC’s “Mad Money,” highlighted a new stock selection in the tech space that he calls “the cloud kings.” He gave this distinction to seven software companies “that are transforming the way their customers do business.” Adobe, ServiceNow (NOW), Red Hat (RHT), VMware (VMW), Splunk (SPLK), and Workday (WDAY) made Cramer’s list.

Continue reading