The company delivered better-than-expected results in Q1.
Adobe (ADBE 0.40%) weathered macroeconomic headwinds relatively well in its latest quarter. This video will evaluate Adobe's Q1 results and determine if Adobe stock is a buy right now.
*Stock prices used were the afternoon prices of March 16, 2023. The video was published on March 18, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool recommends the following options: long January 2024 $420 calls on Adobe and short January 2024 $430 calls on Adobe. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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