1 Oversold Growth Stock to Buy Before It Rebounds
2026-03-04 22:41:00 ET
Shares of Adobe (NASDAQ: ADBE) tumbled immediately following the company's fourth-quarter earnings release in December, contributing to a massive 38% decline over the past 12 months. Yet the company is actually doing quite well. Its fiscal fourth-quarter update featured 10.5% year-over-year revenue growth and record cash flow from operations. Even more, the company continued repurchasing its shares in droves, suggesting management thinks its shares are undervalued.
Still, investors are increasingly concerned that the proliferation of generative artificial intelligence (AI) will cannibalize the company's legacy design tools.
Ahead of Adobe's earnings report next week, it's a good time to take a look at the stock. With shares down sharply over the last 12 months, is now a good time to buy?
NASDAQ: ADBE
ADBE Trading
0.88% G/L:
$281.28 Last:
2,190,381 Volume:
$281.32 Open:
