Adobe Looking Attractive

GainsGurus is giving its first stock data report! Today the Nasdaq and S&P fell over 2%. ADBE is down -12.80% in the month of September. This marks ADBE’s 2nd worst single month ever going back to January of 2009. Its worst single month was June of 2010 when it fell -17.61% in a single month. ADBE is up 15.73% YTD. And has given a positive YoY return in 10 of the last 12 years. With it’s only negative years being in 2010 and and 2011. ADBE averages about a 28% return annually and is currently trading -13.17% from its 52 week high. Adobe trades from 0 to -20% about 90% of time. Meaning the down side risk from here is currently at 10%. Meaning there is a 10% chance it goes lower than -20% from its all time high.