Adobe: Not Worth Its Premium Anymore (Rating Downgrade)

Though the risk-on attitude that has emerged in the back half of 2024 has lifted the stock market to new all-time highs, not every major growth stock has been a beneficiary. Investors still seem to be chasing companies with true AI tailwinds, andWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regu ...