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Down 19% Year to Date, Should You Buy This AI Growth Stock?
ADBEAdobe(ADBE) The Motley Fool·2024-10-30 22:30

Adobe has been one of the worst-performing, megacap tech stocks year to date.Despite a sustained rally in the S&P 500 and the tech sector, Adobe (ADBE 0.27%) is hovering around its lowest level since June. The software as a service (SaaS) giant has had a choppy year, selling off big after reporting earnings in March, rallying after a strong quarter in June, then selling off again in September.Adobe's fiscal-year calendar doesn't follow the earnings season of most other tech giants, so its fourth-quarter and ...