Adobe Inc.

NASDAQ symbol ADBE, makes software that lets computer users easily create, edit and share electronic documents in the popular Acrobat PDF format. It also makes software that graphic designers use to create print publications and web pages.

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Both of these software makers continue to earmark large sums to the development of new products, particularly artificial intelligence. That should help them maintain their market leadership. What’s more, each stock is trading at attractive multiples to earnings.
RESIDEO TECHNOLOGIES INC. $17 is a spinoff buy. The company (New York symbol REZI; Manufacturing & Industry sector; Shares outstanding: 145.8 million; Market cap: $2.5 billion; No dividend paid; Takeover Target Rating: Medium; www.resideo.com) makes heating, ventilation and air-conditioning equipment....

This leading software firm benefited from the significant number of people working from home during the pandemic. Going forward. we expect the remote-work trend to continue past the COVID-19 crisis and to spur rising demand for Adobe’s digital conferencing software and other apps.


Meanwhile, there are other drivers pushing Adobe upward, including the company’s strong position in key markets and its high R&D spending....
ADOBE SYSTEMS INC. $309.39 (Nasdaq symbol ADBE; TSINetwork Rating: Average) (408-536-6000; www.adobe.com; Shares outstanding: 485.4 million; Market cap: $148.4 billion; No dividends paid) makes software that lets computer users create, edit and share documents in the popular PDF format.


The company’s decision a few years ago to switch to selling its programs as ongoing subscriptions instead of onetime purchases continues to pay off: In the three months ended May 31, 2019, Adobe’s revenue rose 25.0%, to a record $2.74 billion from $2.20 billion....
BROADRIDGE FINANCIAL SOLUTIONS $113.25 (New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www.broadridge.com; Shares o/s: 115.7 million; Market cap: $13.0 billion; Dividend yield: 1.7%) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.


In its fiscal 2019 second quarter, ended December 31, 2018, revenue fell 5.9%, to $953.4 million from $1.01 billion a year earlier....
ADOBE SYSTEMS INC. $260.23 (Nasdaq symbol ADBE; TSINetwork Rating: Average) (408-536-6000; www.adobe.com; Shares outstanding: 487.7 million; Market cap: $126.9 billion; No dividends paid) has acquired Allegorithmic for an undisclosed price.


That privately held firm is based in France and specializes in 3D backgrounds and material creation for video games and video post-production....
ADOBE SYSTEMS INC. $245 (Nasdaq symbol ADBE; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 488.1 million; Market cap: $119.6 billion; Price-to-sales ratio: 13.2; No dividends paid since June 2005; TSINetwork Rating: Average; www.adobe.com) continues to benefit from its switch to selling its software as ongoing subscriptions instead of one-time purchases....
SIERRA WIRELESS $18.19 (Toronto symbol SW; TSINetwork Rating: Extra Risk) (604-231-1100; www.sierrawireless.com; Shares outstanding: 36.1 million; Market cap: $645.7 million; No dividends paid) makes digital components that connect products, including smart electricity meters, automobiles, fleet and transit vehicles, and home security systems, to the Internet....
A: The First Trust Dow Jones Internet Index Fund ETF, $124.03, symbol FDN on New York, aims to track the Dow Jones Internet Composite Index.

For a stock to be considered for a spot in the index, the company must generate at least 50% of its annual sales/revenues from the Internet....