Sell ADBE by Jun 11, 2031.

I've seen far too many bullish posts about adbe. A low P/E ratio doesn't equal value! ​ A sub 10x forward P/E looks cheap for a company with high gross margins, but it's only cheap if the E (Earnings) doesn't shrink. In 5 years, as AI generation becomes entirely open-source, localized, and embedded into basic operating systems, Adobe's legacy creative suite risks becoming a specialized utility rather than a growth engine. ​ Once the current aggressive share buybacks ($25B program) …