HR_D

ADBE - Long for the Long-term

Long
NASDAQ:ADBE   ADOBE INC
Have just initiated a long postion on ADBE . Strong company that has shown resilience over the last year. I see this as a good entry point upon market shake-off.

Some fundamental stats that make me bullish and positive on this one (as of Feb2021):
- 3 Year EPS Growth Rate: 29%
- 3-Year Sales Growth Rate21%
- Annual Pre -Tax Margin42.3%
- Healthy CashFlow from Operation, which leaves enough room for further investment

Comments

Time to buy more on the drop!
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HR_D starsora04
@starsora04, Could be! I personally dont average down. But certainly seems even more attractive now.. it has just crossed the 50d MA support.
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