Adobe has also been diversifying into other cloud-based services beyond its flagship Creative Suite in both domestic and international markets. Adobe recently acquired a privately held French company, Neolane, for a price of $600 million in cash, to establish a presence in online marketing services. Adobe also bought out Ideacodes, which designs and creates user interfaces for smart applications, digital products, and networked communities. These bite-sized buyouts could produce worthwhile revenues streams in the future, but Adobe will have to avoid spreading itself too thin. Fool analyst Evan Niu also notes that Adobe recently acquired a small mobile app developer, Thumb Labs, to bolster its presence in the social and mobile spaces.
Putting the pieces together
Today, Adobe Systems Incorporated (NASDAQ:ADBE) has many of the qualities that make up a great stock, but no stock is truly perfect. Digging deeper can help you uncover the answers you need to make a great buy — or to stay away from a stock that’s going nowhere.
The article Is Adobe Destined for Greatness? originally appeared on Fool.com and is written by Alex Planes.
Fool contributor Alex Planes has no position in any stocks mentioned. The Motley Fool recommends Adobe Systems.
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