Jim Cramer Says Adobe Stock "Might Be Worth It but It Would Be a Flyer"

Adobe Inc. (NASDAQ:ADBE) is one of the 11 stocks on Jim Cramer’s radar. Cramer recommended buying Adobe Inc. (NASDAQ:ADBE) shares for “under 20 times earnings”.

“Adobe reports after the close, and it looks like the stock could break that downtrend it’s been experiencing for some time. I wish the competition weren’t so fierce here, but it doesn’t seem to be letting up. Adobe’s an amazing company. It’s helped so many people and small businesses bring out their creative selves. If you can get this stock for under 20 times earnings, that’s a little bit lower than from here, that’s close enough to where it is now, though, I think it actually might be worth it, but it would be a flyer, okay?”

Adobe (NASDAQ:ADBE) develops software and cloud-based solutions that help individuals and businesses create, manage, and deliver digital content and customer experiences. Moreover, the company provides tools for document management, advertising, and enterprise services.

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