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Adobe Inc. (ADB.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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531.00+0.50 (+0.09%)
As of 05:46PM CEST. Market open.
Full screen
Previous close530.50
Open530.60
Bid526.50 x 30000
Ask531.00 x 30000
Day's range527.10 - 532.00
52-week range400.10 - 592.80
Volume1,518
Avg. volume472
Market cap235.445B
Beta (5Y monthly)1.30
PE ratio (TTM)51.35
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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    Why software stocks have 'legs,' upside potential: Strategist

    Software stocks are gaining attention as investors identify potential market upside. Victor Cossel, Seaport Research Partners senior macro and equity strategist, joins Market Domination to offer guidance on navigating this sector. Cossel reflects on the sector's journey, noting that software stocks faced negative sentiment early in the year. Many investors believed that "AI would disintermediate" numerous companies in this space. However, Cossel argues that this sentiment has been "overdone," pointing to the continued strong performance of industry leaders like Salesforce (CRM) and Adobe (ADBE). Turning to market dynamics, Cossel highlights emerging trends: "We're seeing a lot of familiar reversal patterns in software stocks." He adds, "It's the reversal formation that really caught our attention. The prior consolidation that... springboards to the upside." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith