Should You Buy Adobe (ADBE) in 2021?

Polen Capital Management recently published its ‘Polen Focus Growth’ fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 10.15% was recorded by the fund for the Q4 of 2020, below both its S&P 500 benchmark that delivered a 12.15% return, and Russell 1000 index that returned 11.39%.

Polen Focus Growth said in their letter than Adobe Inc. (NASDAQ: ADBE) was one of the top contributors for the fund during the fourth quarter of 2020. Adobe Inc. is a premier computer software company that currently has a $234.2 billion market cap. For the past 3 months, ADBE delivered a -1.43% return and settled at $489.38 per share at the closing of February 4th.

Here is what Polen Focus Growth has to say about Adobe Inc. in their investor letter:

“For the full year 2020, one of the top performers was Adobe, which we have owned for many years, continues to benefit from being the gold standards of software in its respective areas, and the current environment has only served to accelerate customer demand and need for their products and services.”

Last November 2020, we published an article telling that Adobe Inc. (NASDAQ: ADBE) was in 106 hedge fund portfolios. Its all time high statistics is 115. ADBE delivered a 33.18% return in the past 12 months.

Our calculations show that Adobe Inc. (NASDAQ: ADBE) ranks 17th in our list of the 30 most popular stocks among hedge funds.

The top 10 stocks among hedge funds returned 216% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 121 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

Video: Top 5 Stocks Among Hedge Funds

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Disclosure: None. This article is originally published at Insider Monkey.