NOW, CRM, ADBE: Evaluating Cloud Stocks & Adobe/Figma Deal

ServiceNow (NOW) shares down over 40% YTD. Dan Romanoff discusses the outlook for cloud stocks. He also talks about how Morningstar has a 5-star rating and a $240 price target on Salesforce (CRM). He then evaluates the Adobe (ADBE) $20B deal for Figma. He notes that he thinks the acquisition is strategically excellent but is concerned about both timing and very high valuation. Tune in to find out more about the stock market today.

The Watch List

23 Sep 2022

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