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Stocks in the News: Adobe Strategy Pays Off Big

The opinions expressed by columnists are their own and do not necessarily represent the views of

Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC, a website that recommends outperforming stocks using fundamental and technical analysis. 


Stock number one is: 

Adobe Systems Inc., (SYMBOL: ADBE) and the headline says:

Adobe Profit Tops Estimates on Cloud Subscriber Growth -- Bloomberg

Software company Adobe Systems beat quarterly profit expectations on surprising momentum with its new Creative Cloud product.  The company is sacrificing short-term revenue and earnings from traditional up-front software purchases, and implementing a monthly subscription model for its popular graphic-design products.

Earning were previously expected to grow 22% per year for the next two years.  Investors can now expect a rash of upward earnings revisions.

The stock chart is bullish, currently trading between $42 and $47.

Our Ransom Note trendline says:  BUY ADOBE SYSTEMS.

ADBE Chart

ADBE data by YCharts

Stock number two is: 

FedEx Corp., (SYMBOL: FDX) and the headline says:

FedEx Sees 2014 Profit Gain Up to 13% Amid Cutting Costs -- Bloomberg

FedEx stock is up after reporting fourth quarter earnings & operating margins which handily beat estimates.  The company announced plans to buy out 3600 employees, park older planes and engines, and cut capacity to Asia as part of a $1.7 billion dollar cost-cutting program.

Revised 2014 & ’15 earnings growth is expected at 13 and 23%.

The stock broke out of a long-term trading range this year, and is trading between $90 and $110.  On June 4, we said to accumulate FedEx shares below $98.  That opportunity came and went, but investors may still be able to buy under $100 near-term.


Our Ransom Note trendline says: ACCUMULATE FEDEX CORP.

FDX Chart

FDX data by YCharts

Stock number three is:

News Corp., (SYMBOL: NWSA) and the headline says:

Prepping for the Split: A Closer Look at Valuation – Citi Research

Rupert Murdoch’s News Corp. will begin trading as two separate stocks on July 1.  Citi Research has doubled its estimate on the new News Corp’s trading value to $4.80 per share, and expects Fox Group shares to be valued around $31.  Therefore, Citi has raised its price target on current News Corp. shares to $36.

Combined earnings are expected to grow 16-19% per year for the next three years.

We repeatedly recommended that investors buy News Corp. this year, based on strong earnings growth, a bullish chart, and the upcoming Fox Group spin-off.

Our Ransom Note trendline says:  BUY NEWS CORP.

NWSA Chart

NWSA data by YCharts

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