Adobe Stock is beaten up, but it may be undervaluedAdobe Inc.BATS:ADBETopTraderMichaelAdobe stock is down 11% in the past month and 7.5% from Friday alone. They announced their CEO will step down, but that does not constitute such major drops. The market seems overly concerned about near term volatility and the concept of AI improvements, but has not been focusing on the actual fundamentals of ADBE. Revenue and Net Income continue to increase and drive up EPS at meaningful levels. I think at 15 P/E ratio, ADBE is too good to pass up. ** disclaimer: this is not financial advice, anyone seeking actual specific investment ideas best for their situation should consult a financial professional.