However, with shares down 7% from the September highs, and down 3.5% from the October highs, Adobe stock is looking attractive. At the same time, ADBE is up more than 11% over the past three sessions. Therefore, now is the time to consider Adobe stock.
Seeing as though that’s the case, it makes sense for the high-quality companies to continue higher too. Luckily for Adobe investors, this stock is one of those high-quality entities.
Its chart shows clear correlation to the Invesco QQQ exchange traded fund (ETF) and the Pro, shares ultra Pro QQQ ETF. This indicates that Adobe is moving in conjunction with large-cap tech stocks, and it’s more volatile than many of its large peers.
Is Adobe Stock a young-gun growth stock?
Therefore, Adobe stock isn’t one we want to chase as it screams to the upside; It’s not a young-gun growth stock. However, with shares down 7% from the September highs, and down 3.5% from the October highs, Adobe stock is looking attractive.
What is Adobe Stock and how does it work?
With new content added daily, Adobe Stock is powered by creatives, for creatives. It’s easy to search and license high-quality assets right inside your Adobe Creative Cloud apps — and make something amazing.
Adobe Stock offers images via subscription plans. These can be monthly or annual, and they go from just 3 downloads a month up to 750 images a month. The plans are very convenient, with low prices that take single image price down to less than a dollar each.
What are the different purchasing options for Adobe Stock?
Individuals and teams can access Adobe Stock standard assets (standard images, standard templates, and standard 3D assets) through subscription plans. Subscription plans range from three standard assets per month to 750 standard assets per month.
Credit packs let you license Adobe Stock assets in a flexible and cost-effective way. When you purchase a credit pack, you have one year (six months in Japan) to redeem your credits to license specific content such as Premium images, videos, Editorial collection content, and other asset types.
Where can I find Adobe stock assets in Creative Cloud?
You can also find Adobe Stock assets within your favorite Creative Cloud desktop apps — including Adobe Photoshop, Illustrator, and XD — so you can search, license, and add assets to your Creative Cloud Libraries.