Adobe's (ADBE) revenue rose 10% year-over-year. Alex Coffey and Jenny Horne discuss ADBE, as its earnings were released yesterday, December 15th, postmarket. They talk about how no news is good news for ADBE. They also go over how ADBE has a limited number of true competitors, which is helpful for its business. Alex then demonstrates an example trade using ADBE. The trade type is a skewed call butterfly and direction is bullish. Tune in to find out more about the stock market today.
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