Topic: How To Invest

Power Growth Investor Hotline – Friday, September 16, 2022

Article Excerpt

ADOBE INC., $299.50, is a buy. The company (symbol ADBE on Nasdaq) operates through three main segments: The Digital Media segment’s software includes Adobe Photoshop and Adobe InDesign; the Digital Experience segment provides analytics, social marketing, targeting, media optimization, and cross-channel campaign management software, as well as premium video delivery; and the Publishing segment produces software that lets computer users create, edit and share documents in the popular PDF format. It offers software to develop web applications. Adobe has just agreed to buy collaboration-software company Figma for around $20 billion. Figma specializes in cloud-based collaboration tools that aim to help teams better create and build web applications. Figma, based in San Francisco, was founded in 2011. Its products are similar to digital whiteboards in which designers and engineers can share design iterations and annotate them with feedback and suggestions. Creators are currently challenged with making an ever-rising volume of content in close collaboration with an increasing number of stakeholders. The web has become…