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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Coinbase Global (COIN) vs. Adobe (ADBE): Which Stock Is the Better Buy Now?

In this piece, I evaluated Adobe Inc. (ADBE) and Coinbase Global, Inc. (COIN) to determine which one is worth buying now. Based on a fundamental comparison of these stocks, ADBE appears to have better upside potential for the reasons explained throughout this article.

Last year the tech industry was under pressure due to the challenges posed by high inflation and the Fed’s aggressive interest rate hikes. Although the Fed is likely to raise interest rates twice by the end of the year, it is expected to start cutting interest rates next year, which could be positive news for tech stocks.

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