28/9/2024, 5:57:02 pm

Has the Recent Dip in Adobe Stock Created a Buying Opportunity?

Adobe's stock dipped 14% after its FQ3 2024 earnings beat, despite solid revenue and EPS growth, due to guidance that under-projected revenue. The article argues that the sell-off is an overreaction, citing Adobe's wide moat, lucrative business model, and fair valuation, making it a buying opportunity for long-term investors.