Q: I have been waiting for a bounce to sell Adobe but like CSU its gone into free fall. I am also thinking of adding to CSU Would you wait for a bounce and sell Adobe? Or sell Adobe now and switch into CSU? Or sell Adobe now and wait in cash. I know market timing is tricky but if you were in my shoes what is would you do?
5i Research Answer:
If CSU is already owned we would be reluctant to add into negative momentum. ADBE we think is probably more vulnerable to the AI threat. We would be OK letting ADBE go. However, it is going to be ugly on Tuesday overall so we might not want to sell into the Greenland panic.