There’s a fair bit of love for software stocks on Wall Street, after the category has trounced the S&P 500 since the start of last year. But while analysts remain generally positive on the sector, unsurprisingly, they have their favorites: Think Microsoft Corp. MSFT, +1.43%, Salesforce Inc. CRM, +2.85% and ServiceNow Inc. NOW, +2.37%. Evercore ISI analyst Kirk Materne recently wondered if “going against the grain” could help investors, given “largely bullish” software-sector sentiment. Don’t miss: Microsoft ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Adobe Systems (ADBE) .Adobe currently has an average brokerage re ...

The latest trading session saw Adobe Systems (ADBE) ending at $613.93, denoting a -1.39% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.Prior to today's trading, shares of the software maker had gained 4.54% over the past month. This has lagged the Computer and Technology sector's gain of 5.93% and outpaced the S&P 500's gain of 3.05% in that time.The investment community will be paying c ...

Regulatory pressure on businesses in the technology sector has been increasing since last year. Rules on content moderation and payment activities appeared in the government’s supervisory agenda in several countries, while President Biden’s executive order on the safety and security of artificial intelligence has already been signed. Smaller companies are holding their breath, thinking that regulatory scrutiny may bypass them. However, major players are preparing for serious legal confrontations. By identif ...

As investors, we are always looking to beat the market. As such, we are deeply interested in finding ways that can give us a leg up. Given that studies have found stocks with higher ESG ratings tend to outperform the market, ESG stocks are likely worth considering as potential additions to a portfolio. What are ESG stocks? These are typically companies with greater social responsibility in terms of the environment and how they treat their workers. For example, they may have active efforts in place to lower ...

Adobe Systems (ADBE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this software maker have returned +0.8% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Computer - Software industry, to which Adobe belongs, has gained 4.8% over this period. Now the key question is: Where could the stock be headed in the near term?While ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.The ...

SOPA Images/LightRocket via Getty Images The adage that "software is eating the world" has never been more true than in the age of generative AI. The prospect of automation and simplifying previously difficult tasks has created tailwinds in many areas of software, even those that are not thought to be directly related to AI. Adobe (NASDAQ:ADBE) is one such beneficiary. The creative software suite has seen its share price rally by more than 70% over the past year. And while it's fair to express caution o ...

David Tran As inventors navigate through the AI-enhanced equity narrative in 2024, Adobe (NASDAQ:ADBE) stands out as a key beneficiary of the expanding creative class and the accelerating adoption of AI in the creative industry, with Adobe's topline projected to expand at a >10% CAGR through FY 2028. On that note, investors should consider that any of Adobe's incremental revenue is recurring and highly value accreditive for shareholders, as the SaaS giant is able to generate about 0.35 cents of free cas ...

Some tech stocks have gotten so expensive they're uninvestable. In this video, Travis Hoium covers a stock that's performing well but is so expensive that investors buying now may underperform the market for years.*Stock prices used were end-of-day prices of Jan. 15, 2024. The video was published on Jan. 18, 2024. ...