Back to top
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Adobe (ADBE) in Focus: Stock Moves 12.2% Higher
Adobe Systems Incorporated (ADBE - Free Report) was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $144.57 to $153.93 in the past one month time frame.
The move came after the company provided strong fiscal 2018 guidance.
The company has seen six positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Adobe. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Adobe currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Adobe Systems Incorporated Price
Adobe Systems Incorporated Price | Adobe Systems Incorporated Quote
Another stock worth considering in the Computer - Software industry is American Software, Inc.(AMSWA - Free Report) which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ADBE going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>