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Should You Hold Adobe Inc (ADBE) in Software – Infrastructure Industry?

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Monday, February 12, 2024 03:17 PM | InvestorsObserver Analysts

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The 65 rating InvestorsObserver gives to Adobe Inc (ADBE) stock puts it near the top of the Software – Infrastructure industry. In addition to scoring higher than 87 percent of stocks in the Software – Infrastructure industry, ADBE’s 65 overall rating means the stock scores better than 65 percent of all stocks.

Overall Score - 65
ADBE has an Overall Score of 65. Find out what this means to you and get the rest of the rankings on ADBE!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What’s Happening With Adobe Inc Stock Today?

Adobe Inc (ADBE) stock is trading at $612.65 as of 3:09 PM on Monday, Feb 12, a loss of -$14.56, or -2.32% from the previous closing price of $627.21. The stock has traded between $612.12 and $626.35 so far today. Volume today is light. So far 1,307,060 shares have traded compared to average volume of 2,548,324 shares.

Click Here to get the full Stock Report for Adobe Inc stock.

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