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The outlook for next year is cloudy. Tech may be one of the less fortunate sectors, but it depends on which technology you are discussing. Start-up quality early-stage growth technology and bluechip quality dividend-paying technology are not the same investment regardless of the sub-industry. Like Bluechip Tech Jabil Inc. (NASDAQ: JBL ) And Adobe Inc. (NASDAQ: ADBE ) Not only is the future higher than expected, but the numbers also show significant risk.
Jabil Falls on a strong quarter, updated guide
Jabil is fundamental to the manufacturing supply chain in more ways than one. Develops processes and components for finished products and the tools and machines that make those products. That’s why the company is still generating double-digit revenue growth and the outlook for next year is favorable. The company reported $9.63 billion in FQ1, calendar Q4, which is good for a 12.5% profit compared to last year. He also beat Consensus by over 300 points. The strength carried through to the bottom line, resulting in 28 percent revenue growth, particularly in both the miscellaneous and electronics manufacturing segments. It should be done in the next year.
“I am confident that our plan will move forward, supported by both strong global tailwinds,” said CEO Mark Mondello.
Share prices fell on the news, but guidance should help support the action over the long term. The company issued Q2 guidance that came in a wide range but left plenty of room for an outperformance relative to MarketBeat’s consensus estimate.
Looking at the chart, investors have an opportunity to see this strong trend towards the 30-day moving average and into the technical buy zone, as it could bring a strong signal. The company does not pay high-yielding dividends, but it does pay safe dividends and buy back shares.
Adobe continues to build a stronger company.
Adobe shares fell after the Q3 earnings report, partly due to the revelation that the company would acquire Figma. The deal was shocking, but it opened up a huge opportunity for investors. The stock is trading at long-term lows, beating expectations and offering comfortable guidance. The Fisma deal has been widely welcomed by investors and Adobe customers.
“We’ve had a lot of conversations and people are starting to see how this deal strengthens us and how we complement each other,” said Jonathan Vass, vice president of investor relations at Adobe. “Many of our customers have been big supporters of bringing Figma to Adobe.”
In Q4 results and outlook, the company reported mixed FQ4 results. Earnings were mixed in terms of expectations and earnings that were better. The guidance and vision for 2023 is similar to the performance opportunity. The Q1 guidance came in above consensus and should set the company up for a strong year ahead. 
Adobe is part of the Entrepreneur Index, which tracks the largest publicly traded companies founded and run by entrepreneurs.
You’ll want to hear this before you consider Adobe.
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