FMET - Adobe: The Essential Investment Thesis

• Adobe is a highly diversified software company that lies at the intersection of digitization.
• This article aims to summarize Adobe's investment thesis as concisely as possible, without leaving out too much information.
• Knowing if a company is a good fit for your portfolio takes much more than this, but it should serve as a starting point.

Introduction

I'm sorry I wrote you such a long letter. I didn't have time to write you a short one.

Blaise Pascal - 17th Century French mathematician

This (often misattributed) quote says something about this article. In our marketplace Best Anchor Stocks, we have 5 elaborate articles in which we explain everything there is to know about Adobe Inc. ( ADBE ), but this article is a distillation of everything there. We do this for all our holdings for our subscribers.

The idea is that if you that are not familiar (enough) with a company, you can get a 360º vision without spending too much time on it. After this article, you should be able to decide if you want to dig deeper into the company or simply ignore it. We did the same earlier with Constellation Software Inc. ( CNSWF ).

With that, let's start with some basic info about the company.

Basic info about the company

Company Overview

• Adobe is a highly-diversified software company founded in 1982 by Charles Geschke and John Warnock. The name comes from Adobe Creek, the river behind the garage where the company was founded.

• Adobe has two main operating segments (Digital Media and Digital Experience), further divided into three clouds (Creative, Document, and Experience Cloud). One company, two segments, three clouds.

For further details see: