Review Mortgage Lenders

Capmark Finance

Commercial Real Estate is in Trouble; Obama Declares Swine Flu Emergency

Capmark Financial near bankruptcy: WSJ Obama Declares Swine-Flu Emergency First Daughters Not Vaccinated ...

7 Momentum Stocks to Scrape From the Bottom

) Had come under pressure earlier this month. However, the stock caught up a 10% rip after management reaffirmed guidance for the current year and provided their outlook on 2019.

Suffice to say, investors loved Adobe’s update , which came during its Adobe MAX conference in Los Angeles earlier this month. However, waves of selling in tech stocks have again hit Adobe. Not that ADBE hasn’t enjoyed monstrous gains, rising 40% over the past year, even when including the current decline.

So why is Adobe a momentum stock to buy? Simply put, it’s the best of the best in its respective category. It’s a must-have for online marketing and graphic design. Instead of one-time sales, the company’s move over to a subscription revenue model has significantly boosted revenue, which has grown 52% over the past three years.

Its cloud-based system has helped add fuel to the fire, as it’s put Adobe into the anointed group of cloud stocks. A significant close below the 200-day is a concern, but if investors can buy near this level, Adobe offers a favorable risk-reward. Shares will be 15% off the highs and have a good chance at finding support.