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My Portfolio (2023)

The Joseph Carlson Show

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Adobe's Firefly AI Platform

The growth of the company's astronomical. You look at these charts and there's not many companies like it. Almost all of their revenue is subscription based with a very high reoccurring revenue stream. Their free cash flow per share growth, which is what I said is my biggest focus, is 20% compounded over the past decade. The stock based comp is not unreasonable. And the Ford PE ratio is only 22. A 22 Ford PE ratio for a company that has a mo as wide as Adobe's and a recurring revenue stream.

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