Adobe attracts large cash flows
Want an edge in trading? Follow the big money.
What is big money? Simply put, it is when a stock rises due to institutional demand. Top stocks often attract savvy investors.
You see, fund managers are always looking to bet on the next better performing stock…the best in class. They spend countless hours measuring companies, reading reports, speaking to analysts… you name it. When they find a company firing on all cylinders, they jump big.
The YTD action tells the story. Each green bar indicates unusual buying volumes in ADBE stock, driving the stock higher:
Few stocks have such strong charts. Recent green bars indicate healthy demand. But what about the fundamental story?
Adobe fundamental analysis
Next, I want to make sure that the fundamental story is sound as well. As you can see, ADBE has had positive revenue and EPS growth in recent years:
The company is also expected to post earnings per share of 13.1% this year.
Source: Fact Set
Combining great fundamentals with our proprietary Big Money software has found some big winning stocks in the long run.
Check this out. Adobe is a top rated stock at MAPsignals. That means the stock has had buying pressure and growing fundamentals. We have a ranking process that shows these types of stocks on a weekly basis.
It has made the rare Top 20 report countless times. The blue bars below show when ADBE was a top choice:
Tracking unusual volumes reveals the power of the MAPsignals process.
Adobe Price Prediction
The ADBE rally has been around for years. Big Money buying the stock is a signal to watch out for. Given its historic share price gains and strong fundamentals, this stock could be worthy of a spot in a diversified portfolio.
Disclosure: The author has no position in ADBE at the time of publication.
If you want to take your investing to the next level, learn more about the MAPsignals process here.
Follow our free insights here.
This article was originally posted on FX Empire