Hot Stocks, But Wait For A Better Entry: Adobe Inc. (ADBE), Marriott International, Inc. (MAR)

The stock of Adobe Inc. (NASDAQ:ADBE) witnessed a 51.27% increase from the 52-week low price of $165.68 it recorded on 2017-12-12. Their shares price went up by $4.81 now trading at $250.63. Even though it is still -10.76% behind the $277.61 high touched on 2018-09-14. The last few days have been good for the stock, as its price has grew by 0.57% during the week. It has also performed poorly over the past three months, as it lost around -3.51% while it has so far climbed around 49.59% during the course of a year. The stock of ADBE recorded 43.02% uptrend from the beginning of this year till date. The 12-month potential price target for Adobe Inc. is set at $291.26. This target means that the stock has an upside potential to increase by 16.21% from the current trading price.

When giving their opinion, around 66.67% of Wall Street analysts, which represents 20 out of 30 rated the stock as a Buy. 10 brokerage firms of the remaining 33.33% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate ADBE shares held by institutional investors represents 87.8% of total shares. 124 institutions entered new Adobe Inc. (NASDAQ:ADBE) positions, 608 added to their existing positions in these shares, 654 lowered their positions, and 68 exited their positions entirely.

Adobe Inc. (ADBE) trade volume has decreased by -5.3% as around 3,920,804 shares were sold when compared with its 50-day average volume of traded shares which is 4,140,178. At the moment, ADBE is witnessing a uptrend, as it is trading 4.79% above its 20-day SMA, 1.22% above its 50-day SMA, and 3.32% above its 200-day SMA. The company runs an ROE of roughly 27.9%, with financial analysts predicting that their earnings per share growth will be around 32.6% per annum for the next five year. This will be compared to the 15.3% increase witnessed over the past five years.

The first technical resistance point for Adobe Inc. (NASDAQ:ADBE) will likely come at $254.89, marking a 1.67% premium to the current level. The second resistance point is at $259.14, about 3.28% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $233.7, the lower end of the range. ADBE’s 14-day MACD is 12.36 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 55.59, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 51.21 percent, which is high when compared to that of the 50-day’s 50.81 percent.

The shares of Marriott International, Inc. (NASDAQ:MAR) has increased by 1.6%, and now trading at $115.32 on the Wall Street in the intra-day deal, with their shares traded now around 2,910,750. This is a rise of 454,760 shares over the average 2,455,990 shares that were traded daily over the last three months. The stock that is trading at $115.32 went higher by 7.82% from its 52-week low of $106.96 that it attained back on 2018-10-24. The stock recorded a 52-week high of $149.21 nearly 311 days ago on 2018-01-30.

MAR stock hasn’t performed well over the past 30 days, as it lost -4.44% while its price plunged by -15.04% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -5.62% over the last week. The stock’s 12-month potential target price is now at $137.36. This means that the stock price might likely increase by 19.11% from its current trading price.11 out of 25 Wall Street analysts which represents 44% rated the stock as a buy while the remaining 56 rated it as a hold, with 0 of analysts rating it as a sell.

Marriott International, Inc. (NASDAQ:MAR) has been utilizing an ROE that is roughly 55%, with stock analysts predicting that the company’s EPS for the next five years will go up by 18.57% per year, following the 24.6% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -1.77% below its 20-day SMA, -2.71% below its 50-day SMA, and -10.95% below its 200-day SMA. In percentage terms, the aggregate Marriott International, Inc. shares held by institutional investors is 65.1%. 48 institutions jumped in to acquire Marriott International, Inc. (MAR) fresh stake, 294 added to their current holdings in these shares, 443 lowered their positions, and 99 left no stake in the company.

The stock’s 9-day MACD is -2.17 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 44.79, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 41.23 percent, which is more when compared to that of the 50-day’s 35.29 percent. On the daily chart, we see that the stock could reach the first level of resistance at $116.84, sporting a 1.3% premium to the current level. The next resistance point is at $118.37, representing nearly 2.58% premium to the current market price of Marriott International, Inc. (MAR). On the other hand, failure to breach the immediate hurdles can drag it down to $109.59, the lower end of the range.