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The ADBE Investment Thesis Is Even More Attractive After The Recent Pullback
Adobe (NASDAQ:NASDAQ:ADBE) along with Autodesk (ADSK) are two stocks that does not require an introduction indeed, given that I am a licensed architect with nearly two decades of cumulative education and experience.
With ADBE offering a well diversified SaaS offerings across photo, design, and video applications commonly used in the enterprise and commercial markets, it is unsurprising that certain platforms are almost synonymous to the company, including Adobe Photoshop and Adobe Acrobat Pro – PDF.
As a fun fact, Paramount’s Top Gun: Maverick (PARA) and Disney’s Avatar: The Way Of Water (DIS) were entirely edited on Adobe Premiere Pro, further highlighting its globally successful SaaS platform.
ADBE’s shift from one-time perpetual license business model to the monthly/ annual subscription business model since 2011/ 2012 was highly strategic as…
