Adobe Inc. (ADBE) , the computer software company, best known for Photoshop and the Portable Document Format (PDF), is up over 30% year to date.
The company was founded in 1982 by John Warnock and Charles Geschke and has continuously expanded its business to become a leader in multimedia and creativity software products.
After moving to a subscription and licensing model around five years ago, the stock really took off and is poised to continue its growth as the business cloud industry grows.
After topping fourth quarter sales forecasts and reporting strong guidance, how could Adobe not be the Real Money Stock of the Day? Read the latest here.