I assume that everyone is sitting like the rabbit in front of the snake "AI" and is afraid, the same applies to $ADBE. I believe in both companies, they will simply continue to function and adapt. People can never imagine that companies don't stand still - they simply adapt to new technologies like AI. They don't wait to be driven over the edge.
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@fund_navigator_elshq I agree. The same was true of Alphabet a year ago.
@Snoopy Fortunately, I bought them back in 2024 for a P/E ratio of 17, and even then I was shaking my head as to why people put up with it. Today, Google's P/E ratio is >30 - I'd rather not buy now.
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