Since management knows the most about a company's prospects, share buybacks are a good sign for investors.
Adobe (ADBE 2.72%) management is buying back millions of shares of its stock. Typically, this is a sign that management thinks the shares are undervalued.
*Stock prices used were the afternoon prices of Dec. 16, 2022. The video was published on Dec. 18, 2022.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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