The 5 Reasons I Sold Adobe Stock

I bought a lot of shares of Adobe (ADBE 0.04%) throughout the first half of 2022. At the time, I admired the strength of its digital media products, the stickiness of its subscriptions, its stable growth rates, and its reasonable valuations.However, I trimmed my position last August and sold the remaining shares for a slight profit following the release of its first-quarter earnings report on March 14. These are the five core issues that changed my opinion about the cloud services giant. 1. Its growth is sl ...