Adobe Trades at 10 Times Next Year's Earnings. Is It Finally Time to Buy the Stock?
· finance.yahoo.com
A multiple this low usually means the market smells decline -- yet the latest quarter set records.
Adobe (NASDAQ: ADBE) trades at $264.02 as of this writing, about 29% below its 52-week high of $370.86. After that slide, the stock costs about 15 times the ear...