How Does Adobe’s Stock Look Compared To Peers?
- Monday, October 11, 2021, 7:14
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We think that Adobe’s stock (NASDAQ: ADBE) currently is a better pick compared to Salesforce.com’s stock (NYSE: CRM). Salesforce.com’s stock trades at about 11.4x trailing revenues, compared to around 18x for Adobe. Does this gap in the companies’ valuations make sense? We believe so…