“5 Interesting Value Bets From Investing Quadrant”
Adobe is not an exceptional value; at P/E 15 it lacks margin of safety and growth is non-organic, so downgrade to orange/less attractive.
The next company we discussed during the past year is Adobe. What can we say here? We have made a 50 % profit since the last time we discussed it , which we did at 270, where we are now.
So, yes, Adobe is an option to buy, but be aware of the risks and returns associated with portfolio exposure. Then when it drops as it did, you have to add now and perhaps restore balance.
And now we are here where we were just 6 months ago . So, the story now is, well, what kind of bets are there now? We ran the Excel program to find out the value of Adobe.