Why I'm Doubling Down On My Adobe Position (NASDAQ:ADBE)

Core Insights - Adobe's stock has declined nearly 30% year-to-date, underperforming compared to tech peers like Microsoft and Google [1] Company Performance - The significant drop in Adobe's stock price indicates challenges the company is facing in the current market environment [1] Market Comparison - In contrast to Adobe, other technology companies such as Microsoft and Google have shown better stock performance, highlighting a potential competitive disadvantage for Adobe [1]