Adobe is a wonderful business, but with threats coming from all sides, it's not worth a premium price.
Adobe (ADBE -0.27%) has prepared itself well for the emergence of AI with tools that commercial customers can trust. But the stock price is where Travis Hoium gets hung up on buying in. He explains why in the video below.
*Stock prices used were end-of-day prices of April 17, 2023. The video was published on April 19, 2023.
Travis Hoium 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. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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