Down 22%, Here's How Adobe Could Follow in Salesforce's Footsteps to Become a Strong Buy in 2025
Adobe(ADBE) The Motley Fool·2024-12-18 09:23
With just a few weeks left in the year, the tech sector is shaping up to, once again, beat the S&P 500 (^GSPC -0.39%) largely thanks to gains from Nvidia and Broadcom in the semiconductor industry. The software industry also makes up a large share of the tech sector but has enjoyed mixed results on the year. For example, Salesforce (CRM -1.75%) is beating the S&P 500's year-to-date gain, but Microsoft and Adobe (ADBE -1.36%) are lagging behind. Adobe, in particular, is down over 22% year to date at the time ...