Promoting products and services electronically, through electronic devices, is imperative for business success.
One key driver of this investment is the desire to capture and use customer data to drive better business outcomes, such as sales conversion and brand awareness.
Many more businesses than ever before are making substantial investments to upgrade their digital infrastructure.
Adobe enables digital content creation by providing software tools for creative professionals and marketers.
- Adobe's revenue visibility is very high, with a majority of its revenues under subscription.
- We believe the company has some of the highest free cash flow margins in software. These factors should allow Adobe to grow earnings per share by 20% annually over the next three-plus years.