Adobe has bigger risk than reward. If I am you, I would buy $450 PUTS for next week. It's headed there. After $450 I predicted a dip to $200 atleast before it saturates.
by December 29th this can easily reclaim the $580's. Last earnings lull was 6 trading days and then within 5 more it had recaptured the starting point. $30 higher. I think we are looking at a repeat here.
Adobe is a Hugh cash generating machine and will do massive buybacks at the current stock price. You will own more and more of the company due to this buybacks, and this will continue for decades….year in and year out.
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