Wednesday, June 19, 2013

Investopedia: Wall Street Has Converted To Adobe's New Model; Will Customers?

Wall Street analysts and investors can be an exceptionally stubborn bunch, and it sometimes takes several whacks with a 2x4 to make them see reason. That seems to have happened with Adobe (Nasdaq:ADBE), though, as the Street now seems quite enthusiastic about the company's philosophical shift in digital media and its opportunities in digital marketing. With the stock up more than 35% over the past year, this is the first time in quite a long time where I can say that Adobe's stock no longer looks like much of a value.

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