Adobe Systems, Inc. (NASDAQ:ADBE)

CAPS Rating: 2 out of 5

The Company offers a line of creative, business and mobile software and services used by high-end consumers, creative professionals, designers, knowledge workers, original equipment manufacturers developers and enterprises.

Recs

1
Player Avatar JohnStuartMill (60.35) Submitted: 6/10/2011 8:22:29 AM : Outperform Start Price: $32.31 ADBE Score: -10.62

Creative Suite 5 (CS5) is seeing good growth (support for both Android and Blackberry is big) and Acrobat sales are doing well. The stock is beaten down both by the fact the software sector is down and because of the recent Japan activity. The market seems to have overreacted here in respect to the Japan picture. It's turning out not to be as bad as the media has driven it. This stock is currently oversold.

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