Dec. 19 at 5:59 AM
$ADBE thesis confirmed.
The uptrend has begun, and I will now begin piling in.
I am not concerned about the gains I missed out on by not oversizing my initial position.... there is a lot more room to run from here.
$550-
$600 price target by EoY 2026. Strong momentum to
$500 would trigger chasing by "smart" money and retail potentially carrying it through
$600 in under a year.
I have assessed fair value upwards of
$650+ a share on a Free-Cash-Flow basis. I love to find a Buffett style value stock in the high margin, high ROI, monopoly tech space.... It has never failed me.
Moving some of my
$GOOG gains to
$ADBE for now, and looking forward to
$AMZN warming up to rotate into next.