These plans will boost your 53% gain

Article Excerpt

This leading software firm benefits from the significant number of people working from home during the pandemic—in fact, the stock is up a stellar 53% for our subscribers over the past year. 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 applications. To meet that demand, the company has just made a big acquisition that gives it a leading work management platform for marketers. There are other drivers pushing Adobe upward, including the company’s strong position in key markets and its high R&D spending. Together, they set up Adobe’s sales, profit and share price for even stronger growth. We recommend this stock as a Power Buy. ADOBE INC., $459.47, is a buy. The company (Nasdaq symbol ADBE; TSINetwork Rating: Average) (www.adobe.com; Shares outstanding: 479.7 million; Market cap: $224.5 billion; No dividends paid) operates through three main segments: The Digital Media segment’s software includes Adobe Photoshop and Adobe InDesign. The…