Here are key updates on your WSSF picks: Adobe Inc., Sherwin-Williams Co. and McKesson Corp.

Article Excerpt

ADOBE INC., $261, is still a worthwhile hold for aggressive investors. The company (Nasdaq symbol ADBE; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 484.1 million; Market cap: $126.4 billion; Price-to-sales ratio: 11.9; No dividends paid since June 2005; TSINetwork Rating: Average; www.adobe.com) makes software that lets computer users create, edit and share documents in the popular PDF format. Investors continue to benefit from Adobe’s switch to selling its programs as ongoing subscriptions instead of one-time purchases. In the three months ended August 30, 2019, its revenue rose 23.7%, to a record $2.83 billion from $2.29 billion a year earlier. Profit rose 18.5%, to $2.05 a share. In November 2018, the company acquired marketing-automation firm Marketo for $4.75 billion. It helps brands track their customers’ actions online, from the time they get an email to the time they purchase a product. It then provides those brands with that information, which they can then use to create more-personalized promotions. In addition to key acquisitions like Marketo,…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.