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This article explores a compelling bullish thesis for Adobe Inc. (ADBE) highlighted by Rebound Capital. Currently trading at $357.24, Adobe's stock faces challenges from AI competition and subscription saturation, yet it boasts a strong business model with 74% of its revenue from Digital Media. Despite a nearly 50% drop in stock price over the last 18 months, factors such as its proprietary AI model Firefly, strong enterprise integration, and a solid user base of 750 million position Adobe for potential growth and recovery in the face of market volatility.
Source: YAHOO