“9 Stocks That Could Make You Rich”
Adobe is a strong turnaround opportunity; current valuation discounts disruption despite consistent revenue growth and high FCF yield.
Adobe is down massively from $660 per share. Now it's down to 255. So the stock is still down around 60 to 70% from its all-time highs.
So let's look at each of these and start off with Adobe. I believe Adobe has a high potential for a turnaround and the reason why is because this is one of the clearest cases of the fundamentals not matching the story.
There is a massive massive disconnect. Typically, when you hear a story of a company, the fundamentals should follow it to some degree. They they should go up with the story or they should go down with the story.
But in this case, the fundamentals are saying one thing, the story is saying an entirely different thing.