StockTrax
Sep 24, 3:54 PM
$ADBE $FICO $INTU Unbelievable that FICO has dropped by 41% this year. Granted, with forward P/E of 16, it can be argued that it is currently fairly valued. But when we factor in the 25% annualized growth rate, 34% profit margins, earnings growth of 30%, that should add considerable upside to the current valuation toward a forward P/E at around 20.
$ADBE and
$INTU valuations have simply become meme-like on the downside. They both continue to grow against the negative backdrop that they will be diluted due to competition and AI. I believe are all fundamentally sound investments at these levels.
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