Adobe (ADBE)
One of the major beneficiaries of the shift to the cloud over the last decade, creative software powerhouse Adobe has been able to maximize scalability, boost margins and create more recurring revenue through its suite of software products. The company behind Photoshop, Lightroom, Illustrator, InDesign, Dreamweaver and Adobe XD, customers can subscribe to all of these services via the Adobe Creative Cloud for $600 per year. Millions of subscribers are doing just that, from individual artists and creators to corporate marketers, designers and advertisers all over the world. Adobe’s name brand, ecosystem of products and superb reputation locks users in, and despite being worth well over $100 billion, revenue is still growing about 25% a year.
YTD return: 27%
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