Adobe's (NASDAQ:ADBE) stock has fallen more than 50% in the last year. The main reasons are the current bad macroeconomic situation and the very high valuation at which Adobe was trading at an all-time high.
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Adobe Stock Is A Buy, After This Big Sell-Off.
Summary
- Adobe stock has fallen more than 50% in the last year.
- The market reacted too negatively to the $20 billion acquisition of Figma.
- The company still has a solid balance sheet and a wide moat.
- Adobe can deliver very attractive returns to long-term investors at the current valuation.
I am a long-term investor, focused on rare opportunities in the market, that others overlook.
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