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HP2-N33 | Selling HP IT Performance Suite Solutions

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HP2-N33 - Selling HP IT Performance Suite Solutions - braindump

Vendor HP
Exam Number HP2-N33
Exam Name Selling HP IT Performance Suite Solutions
Questions 40 Q & A
Recent Update February 15, 2019
Free PDF Download HP2-N33 Brain Dump
Download Complete PDF Killexams HP2-N33 Complete Document


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HP2-N33 exam Dumps Source : Selling HP IT Performance Suite Solutions

Test Code : HP2-N33
Test Name : Selling HP IT Performance Suite Solutions
Vendor Name : HP
Q&A : 40 Real Questions

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HP Selling HP IT Performance

HP starts selling iPhones and Macs | killexams.com Real Questions and Pass4sure dumps

HP has lately introduced in a press release (embedded under) that its machine as a carrier (DaaS) company can be accelerated with Apple gadgets, together with iPhone, iPad, Mac, and the Apple Watch.

This pretty much ability that HP will start selling Apple devices to its shoppers as part of the DaaS offering – this program has been launched to enable corporations to purchase new hardware with a subscription, instead of pay upfront.

All Apple instruments blanketed in the application will benefit from HP help, managed features, and analytics, identical to all the other items which are at the moment obtainable as part of HP’s DaaS. the entire one hundred channel partners internationally will provide corporations with the choice to purchase Apple instruments, the firm says.

“With the launch of DaaS for Apple, HP is providing the main multi-OS machine administration answer and elevating the bar on carrier beginning,” pointed out bill Avey, global head and universal manager, very own methods features, HP Inc.

“Our increased assist for mixed operating device environments throughout every phase of the gadget lifecycle, mixed with our persevered growth into VR and facts analytics, is providing wise, simplified options for the up to date group of workers and unlocking new growth opportunities for our customers, our channel companions, and our enterprise.”

increasing in Microsoft’s playground

while this kind of move makes experience for HP considering that it’s planning to extend its DaaS providing, it’s also the residing proof for Microsoft that Apple is a really competitive player in the business market.

Microsoft is betting massive on organisations with cloud features and items just like the floor lineup, and Apple’s growth into this market with help from organizations like HP, that have been as soon as unique Microsoft companions, can’t be good information for the utility significant.

HP, besides the fact that children, says it expects the business machine market to grow notably in the coming years, estimating that with the aid of 2020, there might be some 9 billion such instruments global with a typical of four products per person.


Ohio Ford broking Will promote You a 725-HP Supercharged F-a hundred and fifty for $40,000 | killexams.com Real Questions and Pass4sure dumps

Lebanon Ford, the Ohio dealership that begun promoting 727-hp Mustangs for $40,000 lower back in 2016, is making use of its expertise to the F-150. For $forty,000, it is going to promote you a 2019 F-a hundred and fifty along with your alternative of a Roush, Procharger or Whipple supercharger. The Roush and Procharger increase the F-150's 5.0-liter V8 from 395 to 650 hp, whereas the Whipple takes issues as much as 725 hp. it really is serious vigour for not a good deal funds.

Pictured above: a 2018 F-a hundred and fifty SuperCrew.

Lebanon Ford is selling the F-one hundred fifty at a discount and the supercharger kit for $9399. at this time, the broking will promote you a V8 rear-wheel power 2019 F-150 general cab with a recreation look kit for $30,596, which when mixed with the $9399 supercharger package, totals out to $39,995. Josh Hipp, the efficiency supervisor at Lebanon Ford, advised me over electronic mail he expects the costs to be even more advantageous in the summer, when Ford typically offers better incentives on vehicles just like the F-a hundred and fifty. So theoretically, you could get a 725-HP F-one hundred fifty for far beneath $40,000.

Hipp expects most shoppers to decide upon 4-wheel drive and a crew cab, a good way to power fees up, as would different alternatives. that you could pair these supercharger kits with any V8-powered 2019 F-a hundred and fifty, even a F-a hundred and fifty Platinum 4x4, if that's what you are into. additionally, the Roush package comes with a three-yr/36,000-mile powertrain warranty, while or not it's a $995 added for the Procharger and Whipple kits.

For $14,000, the dealer has a twin-faster package for the F-150 that additionally bumps engine output to 650 hp. sadly, no assurance is offered with the twin-faster equipment, which, together with the Procharger supercharger package, is rarely felony in California. The Whipple and the Roush are the simplest 50-state prison kits offered with the aid of Lebanon Ford.

We have to imagine here is one of the crucial cheapest the way to get an incredibly short mulch-hauler. And what different car would be as lots at domestic on the job website and the drag strip?

that you would be able to put in an order with Lebanon Ford at the moment. if you are looking to custom order an F-a hundred and fifty, it is going to take eight weeks for the truck to get to the broking and four to six weeks for the work to be completed. Subtract that eight weeks if you discover an F-one hundred fifty on a dealer lot you love.

This story became up to date 2/7/19 with guidance that the Roush equipment is 50-state prison.


HP Elitebook x360 1040 G5 overview: a bit bit bigger, a bit bit stronger | killexams.com Real Questions and Pass4sure dumps

Wow, many book, so elite.magnify / Wow, many publication, so elite. Valentina Palladino reader comments 15 with 14 posters taking part Share this story
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  • The combat of the company notebooks is in full swing as HP tries to 1-up Lenovo—and itself—all in one go. HP scored a winner with an up-to-date 13-inch Elitebook x360 it launched final yr. Now or not it's full-pace forward with the brand new Elitebook x360 1040 G5, the most recent version of HP's 14-inch business pc. The 13-inch model is smaller and lighter average, however HP presents upgraded features during this better convertible and promises a 14-inch screen in a 13-inch chassis.

    We liked the 13-inch Elitebook x360, so i used to be looking to reply a couple of questions in checking out the Elitebook x360 1040: Does it prevail in all of the ways its 13-inch counterpart did? Is it more suitable than the smaller alternative? And did HP create a device that may dethrone Lenovo's ThinkPad X1 laptops and convertibles because the kings of commercial ultrabooks? Let's find out.

    look and feel

    HP is pushing the fact that the Elitebook x360 1040 suits a 14-inch reveal in a 13-inch chassis. it truly is spectacular, nevertheless it additionally potential that the company failed to exchange much concerning the convertible's exterior design. The equal brushed aluminum coloring covers the entire computing device, accented most effective by way of diamond-reduce edges that seem shiny and sharp after they catch the light. The steel hinges have a somewhat curved, rectangular form to them, permitting the monitor to swivel 360 degrees from computing device to tent to pill mode.

    Specs at a look: HP Elitebook x360 1040 G5 (as reviewed) display 14-inch 1920×1080 touchscreen with etched-glass anti-glare designOS home windows 10 seasoned CPU Core i7-8650U RAM 16GB LPDDR4 GPU Intel UHD graphics 620 HDD 512GB PCIe SSD Networking 8265 802.11a/b/g/n/ac (2x2) Wi-Fi, Bluetooth four.2 combo, vPro, NFC, MiraCast support, Cat16 4G LTE (not obligatory) Ports 2x Thunderbolt three, 2x USB-A three.1 Gen 1, 1x HDMI port, 1x nano SIM slot, 1x lock slot, 1x audio combo jack length12.sixty five x eight.forty six x 0.66 in (32.14 x 21.5 x 1.69 cm) Weight 2.ninety nine pounds Battery 56WHr guarantythree years cost as reviewed $2,349 different perks home windows hi there IR digital camera, FHD webcam, fingerprint sensor, backlit keyboard HP EliteBook x360 1040 G5 starts at: $2,050.30 at HP buy The 14-inch Elitebook feels simply as sturdy because the 13-inch computing device, and HP made sure it passed a large number of MIL-spec exams. I respect when OEMs can make sure this degree of sturdiness whereas also making a device that is rarely ugly. The 14-inch Elitebook has the identical degree of Spectre magnificence that the 13-inch equipment has, making it a work computer with the intention to stand up to inevitable bumps and dings while nonetheless keeping its excessive-end appearance. HP excels in this respect as a result of Lenovo's ThinkPads nevertheless have that business-issued computer look to them (despite the fact the X1 sequence has achieved a decent amount to fix that).

    overall, the 14-inch Elitebook is 10 % smaller than the outdated edition. Weighing 2.ninety nine kilos, it feels somewhat light for those who're toting it from assembly room to assembly room. considering its monitor is so huge for its chassis measurement, it offers off the look of being a extra hefty desktop. Most should be pleasantly stunned after they select it up for the first time.

    those who believe the Elitebook x360 1040 will need to suppose cautiously in regards to the reveal panel they select. while all purchasable alternate options are touchscreens, that you may choose between an FHD (1920×1080) panel with four hundred nits max brightness, a 4K panel at 500 nits max brightness, and an FHD panel at seven hundred nits brightness that additionally comes with HP's sure View privacy display. The FHD displays also give the choice of an etched-glass, anti-glare panel, which is designed to in the reduction of eye stress.

    i'm happy to look the 4K alternative, however most clients may additionally are looking to bypass that panel. certain View limits the monitor's viewing angles and makes it so prying eyes can not seem to be over your shoulder to look what's to your monitor. Our review unit did not have sure View, however I've seen it in action, and it'll be easy for those that travel lots and cannot have the funds for sensitive information leaking whereas they work from airports, cafes, and different places.

    Our convertible did have the etched-glass panel, notwithstanding, and i can say that it achieves what it guarantees. All of my gadgets are equipped with nighttime modes and equal settings to cut back eye strain because my eyes get drained after staring at screens for most of the day. The etched-glass FHD panel on the Elitebook x360 1040 is likely one of the most at ease I've used—it also doesn't intervene with contact or pen input.

    youngsters, if you pick out etched-glass and no sure View, just understand that the design of the panel makes the viewing angles extraordinary, so that you can see the monitor obviously even when viewing it from a pointy facet attitude. any one might look over and see important counsel to your display.

    extra analyzing HP Elitebook x360 1030 overview: Small tweaks made to a trendy work 2-in-1

    The FHD webcam and IR digicam sit down atop the display panel, whereas a fingerprint reader sits below the keyboard. That gives you two biometric login options to choose from and a a bit of more desirable-than-common webcam for video conferencing. The handiest downside is that HP doesn't include a webcam shutter or a disable button, unlike some fashions in Lenovo's X1 sequence.

    The 14-inch Elitebook activities a a bit greater versatile port selection than the 13-inch mannequin, thanks to its two USB-A ports. It additionally comprises two Thunderbolt three ports, one HDMI port, a lock slot, and a headphone jack. users can get non-compulsory LTE connectivity on this device as neatly with the nano SIM card slot, giving them access to network provider in almost any environment. In comparison to the 2018 ThinkPad X1 Carbon, the Elitebook x360 1040 falls a little short considering the fact that it doesn't have the microSD card slot that Lenovo's machine has. but the X1 Carbon does not aid not obligatory LTE, so it has its alternate-offs as neatly.

  • The HP Elitebook x360 1040 G5. Valentina Palladino
  • The keyboard contains an extra column at the right with web page navigation keys. Valentina Palladino
  • just like the 13-inch convertible, this gadget has rounded hinges and speaker grilles on both aspect of the keyboard. Valentina Palladino
  • It weighs just below three kilos, making it moveable in addition to graceful. Valentina Palladino
  • HP caught a 14-inch screen in a 13-inch chassis, providing you with greater display house in a small convertible. Valentina Palladino
  • It contains a nanoSIM card slot for not obligatory LTE connectivity. Valentina Palladino
  • It also has two USB-A ports moreover two Thunderbolt three ports. Valentina Palladino
  • With the etched-glass panel alternative, your eyes may not suppose as irritated after staring on the Elitebook all day alongside. Valentina Palladino
  • The non-compulsory active Pen is perfectly usable but nothing exciting. Valentina Palladino
  • Keyboard, trackpad, and active Pen

    one of the vital considerable alterations between the 13-inch and 14-inch Elitebook x360s is the additional column of keys on the latter gadget. Full-sized web page up, page down, and different navigation keys take a seat in a line on the right of the keyboard. whereas they're handy for those who count on such keys, I discovered their placement on the keyboard bothersome. I frequently missed hitting the Delete key, inadvertently urgent the page-up key, and found my next sentence positioned incorrectly in my document. whereas this failed to turn up each time I set my arms down on the keys, it took place at the least once day after day.

    HP promises a quieter typing journey with this keyboard, and that i did discover that the Elitebook's keys were much less noisy than even these on my MacBook seasoned. aside from the annoyance of the additional column of keys, i was in a position to simply type most of this evaluate, in addition to other files, on the convertible. besides the fact that children, Lenovo's ThinkPad keyboards nonetheless grasp the proper spot in my heart for typing comfort and tactile delight.

    extra studying ThinkPad X1 Carbon 2018 evaluate: The simplest computer in an expert’s paradise

    The Precision trackpad works exactly as you would expect—no more advantageous or worse than the others I've proven on equivalent ultrabooks. or not it's decently sized, smooth to use, and helps a few multi-finger gestures. HP has Lenovo beat with the trackpad's measurement, however some will love the actual left- and correct-click buttons on the trackpad of Lenovo's ThinkPad X1 Carbon. if you are like Ars' Peter brilliant, you may additionally additionally demand the TrackPoint ball that Lenovo's laptops have but HP's lack.

    The lively Pen for the Elitebook x360 1040 is the same as that for the 13-inch equipment. or not it's a stylus with 4,096 degrees of drive sensitivity and tilt input power, making it similar to most different energetic pens designed for ultrabooks. My feelings haven't modified since I reviewed the 13-inch desktop: HP's stylus is perfectly appropriate for those who wish to take notes and complete basic sketches on the 14-inch Elitebook x360. it's no longer probably the most marvelous artists' device, but it surely will get the job done for specialists who aren't mainly in inventive fields.

    youngsters, I hope HP included this pen, or a fair greater simple one, within the price of the Elitebook x360 1040. Convertibles are designed to be used with trackpad, finger, and pen enter, so i would pick having all of these enter methods at my disposal after dispensing hundreds for the computing device itself.

    performance

    Our Elitebook x360 1040 assessment unit had the equal internals as the 13-inch mannequin we reviewed: a Core i7 U-series processor, 16GB of RAM, and 512GB of storage. each convertibles finished an identical ratings on our benchmark checks, making the 14-inch model a equipped workhorse. The fans have been enormously loud only when operating our pix benchmarks, that are one of the most labor-intensive exams we run. otherwise, the 14-inch convertible stays enormously quiet many of the time.

    HP offers a 15-inch version of this convertible as well, and you will locate H-series processors and not obligatory discrete photographs handiest in that model. HP up to date the line to serve its purchasers better, who interestingly preferred H-sequence processors simplest when they may be paired with bumped-up GPUs.

  • Battery life

    to be able to fit every thing right into a 13-inch chassis, HP basically gotten smaller the battery pack interior the Elitebook x360 1040. The 56Whr battery is the same as that in the 13-inch mannequin, but because the design changes, this convertible is expected to ultimate up to 17 hours on a single can charge. In our testing, it scored an average of 896 minutes, or nearly 15 hours, on our Wi-Fi examine, and an ordinary of 726 minutes, or 12 hours, on our WebGL check. this is fairly near the ratings the 13-inch convertible got, and it even surpassed its counterpart on the graphics-intensive check. whereas it be now not somewhat the 17 hours promised through HP, it's nevertheless satisfactory to get you throughout the day after which some.

  • more of the equal, but that’s a great issue

    The 14-inch Elitebook x360 excels and fall short in most ways in which the 13-inch gadget did. It has many things going for it: a sturdy design (and in this case, one now not marred via the inclusion of a bigger monitor), non-compulsory LTE, strong performance, and decent battery life. Some could be disillusioned that no longer a good deal has actually modified from ultimate yr's fashions, nonetheless it's for decent purpose: HP didn't deserve to tweak lots to make these convertibles exceptional.

    The 14-inch monitor and its a number of panel alternatives set this machine aside from others. people who desire 4K can get 4K, however those who will not have a couple of alternate options with elements that address eye stress and protection. bound View will be fundamental for touring experts, while i might consider doling out extra for an etched-glass panel to store my eyes some fatigue.

    but there are some things that HP just can't replicate, like Lenovo's staggering typing adventure on its ThinkPad X1 household. Some company valued clientele also desire ThinkPads' nondescript design, and you may not get that in an HP enterprise workstation within the equal class. however the new Elitebooks are ambitious opponents for Lenovo's enterprise notebooks, and purchasers should not fail to spot the center baby within the Elitebook x360 household. it be actually price the further cost in case you savor having a comparatively tremendous screen in a small convertible, however people that aren't as choosy about reveal precise estate can decide on the a bit less high priced 13-inch mannequin.

    The decent
  • tremendously compact design, even with its 14-inch screen
  • Etched-glass anti-glare reveal option is a pleasant touch
  • Two USB-A ports in addition to two Thunderbolt three ports
  • good efficiency
  • decent battery existence
  • The bad
  • No microSD card slot
  • bad region for page navigation keys
  • lively Pen costs more
  • No webcam shutter
  • The grotesque
  • gets somewhat costly as you spec it out

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    The future of laptops: It's time to stop focusing on better and start focusing on different | killexams.com real questions and Pass4sure dumps

    Opinion: The laptop, as a form factor, has no future in their current direction. As always, the relentless march of progress will force them into thinner and lighter configurations and they’ll inevitably continue to receive sharper screens and more powerful processors, but that isn’t enough to drive sales. To keep the bottom line happy, laptop manufacturers must break out of the same-old clamshell laptop and find something new.

    It was too long ago for many of us to remember, but there was a massive shift in the laptop market somewhere around 2011. The MacBook Air, while released in 2008 to mixed reviews, had suddenly improved and snuck up on the whole industry, claiming the throne as the laptop to beat. It set the stage for modern devices: it prioritized thinness, lightness and design, and it had a great price.

    Apple was selling millions of units, and between that and their iPad – which was predicted to lead the world into the ‘post-PC era’ – laptops from HP, Dell, Lenovo, Acer and Asus were losing ground. Intel was so scared of Apple’s new products that they began investing left, right, and center into any company that said they would make an ultrabook – a term that for a long time referred to a Windows-based MacBook Air.

    After a couple of years other manufacturers did catch up, and even new players joined the fray. But, for the most part, they were guided by fear and a need to catch up to Apple – the goal was to be thinner and lighter than the Cupertino company. Everything was about being thin and light.

    Windows 10 released in mid-2015, and it built on the failures of Windows 8 to deliver the first desktop operating system that was truly touch compatible. Manufacturers and analysts first saw this as a way to combine the ‘dying’ PC market and the upcoming tablet/mobile market, but they quickly realized that touchscreen laptops were unique enough to stand alone.

    To take advantage of touchscreens, many manufacturers added rotating hinges or took them away entirely in the case of Microsoft, whose Surface line was taking off with the Surface 3. However, rather than focusing on how good their products actually were, manufacturers continued comparing themselves to Apple. The constant back and forth of the “I’m a Mac, I’m a PC” and “Less talking more doing” campaigns were evidence of that.

    Other than the distinct operating systems (which are closer than ever in terms of features), touchscreens and value have stayed as the features that supposedly give Windows machines the edge. Apple has stubbornly refused to budge on either, and Windows device manufacturers have focused on refining their devices rather than adding new features, believing they already have the spec-sheet advantage.

    The biggest flaw with the new MacBook Air: the keyboard can be a bit annoying. The biggest flaws with the Surface Laptop: no USB-C and the keyboard isn't particularly durable. The Dell XPS 13: no Thunderbolt 3 or NVMe storage. The Razer Blade Stealth: costs more than its competitors. These are petty differences compared to what it was like five years ago, and all these devices have changed very little over their previous iterations.

    Laptops have stopped improving in meaningful ways. To drive sales, manufacturers will have to start making their devices different, very different.

    First and foremost, this evolution will be driven by new solutions. Apple, already having desktop and mobile platforms, is unsurprisingly at the forefront of blending the two. As you can see above, two of their patents spotted in 2017 describe laptop-like shells, one of which uses an iPhone for processing power and a trackpad, and the other an iPad for processing power and a screen.

    Apple is far from alone in this market, however. Razer took everyone by surprise back at CES 2018 when they revealed Project Linda, a working laptop shell that was powered by a Razer phone. Samsung, meanwhile, offers DeX, a desktop interface powered by a smartphone via a single cable, and it’s a fairly acceptable solution. Hardware: check. Software: check.

    Not only is this technologically viable but there’s plenty of demand for a solution like this, too, particularly among students.

    Think about it this way: for $1,200 to $1,500, you get a flagship smartphone or tablet, plus a fairly powerful laptop. While not too many apps would fully support a trackpad interface at first, apps designed for iPad would work reasonably well. And performance-wise, flagship smartphones and tablets offer a lot more performance than a $200-$500 laptop anyway.

    Perhaps less likely to eventuate but no less interesting, there’s also a variety of very creative solutions that we’ve seen patented and discussed.

    Apple, Razer, and Lenovo have been pioneering some very different concepts that revolve around multiple screens and new ways to interface with them. Very recently Apple patented a MacBook with a flexible touchscreen that sits above the keyboard, letting users see double the data while still offering a good keyboard.

    Razer, meanwhile, showed off a triple screen laptop called Project Valerie. While such a product is doubtlessly bonkers, it does let users increase their productivity. And though it would be expensive, it might be worth it for creative professionals that connect their laptop to two or three external monitors at work and home.

    Keen to cater to budding artists, Lenovo released the Yoga Book Create Pad, a laptop that traded a keyboard for a sketchpad. When we reviewed it about two years ago we concluded that it was beautiful and innovative, but flawed.

    While all three of these solutions are completely different, they all have the same core appeal: they’ll make you better in creative tasks. Catering to creativity is an expanding market that's starting to catch up to catering for office work, as Apple’s latest iPad Pro and advertisements demonstrate.

    Perhaps one day far into the future, Augmented Reality glasses like Microsoft’s HoloLens (which are about to get an update) and the Magic Leap One will find their way into professional workflows.

    Before we dive too far into the future, however, let’s take a step back and look at the inevitable solutions.

    First, there are folding phones. Their potential impact on the mobile world has been heavily discussed, but their impact on the laptop world also has the potential to be significant. Over time, more and more of our digital lives have switched over to phones, like checking email, reading the news and light gaming. What else might be pushed over to smartphone-land by the larger screen?

    Secondly, there’s PCIe 4.0 and 5.0, which are poised to revolutionize the external GPU market. Right now, eGPUs only connect to the CPU via four PCIe lanes, which can reduce performance by 10-15%. And if you’re not using an external monitor, the bandwidth of the returning signal also cuts performance by 10-15%. External storage, keyboards, and mice? Don’t even think about it.

    Once PCIe 4.0 roles out on laptops, possibly with the next generation of mobile Ryzen debuting in less than a year, Thunderbolt 4 can be developed, which will double the bandwidth. PCIe 5.0, which is about a year behind 4.0, will double it once again, truly abolishing any performance hits.

    Not only will the next few years see the bandwidth bottleneck removed, but they’ll also see CPU bottlenecks reduced as well. Many laptops already have 6-core processors, but there are rumors and even a 3Dmark database entry for 8-core Intel laptop processors. Combine these factors, and eGPUs will be 20%-40% better value than they are now, which has the potential to seriously encroach into the desktop market.

    All in all, the future holds fascinating potential for new devices and I'll be holding my breath with keen interest to see what comes next.

  • Likelihood of phones powering laptops: 75%
  • Likelihood of tablets powering laptops: 75%
  • Likelihood of a dual-screen MacBook: 25%
  • Likelihood of multi-display laptops: 25%
  • Likelihood of professional AR use: 50%
  • Likelihood of folding phones: 100%
  • Likelihood of eGPUs taking off: 85%

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    Investors Should Sell Adobe Stock | killexams.com real questions and Pass4sure dumps

    After tech stocks ended 2018 on a treacherous note, the new year has brought renewed prosperity to the sector. Software stocks in particular are rallying.

    Adobe Systems (NASDAQ:ADBE) is no exception. From its recent low of $205 per share, the Adobe stock price is back up to $258. That puts ADBE stock within striking range of its all-time high price of $277.

    Across the sector, investors are chasing stocks to fresh new heights. On Monday, a variety of cloud and software plays hit 52-week or all-time highs.  Among the names in that category were Shopify (NYSE:SHOP), Coupa Software(NASDAQ:COUP), Smartsheet (NYSE:SMAR), Atlassian (NASDAQ:TEAM), Workday (NASDAQ:WDAY), and VMware (NYSE:VMW), among others.

    So Adobe stock should be going up, since the sector is on fire. Adobe’s recent strong performance has little connection to its own particular fundamentals. And given the hotness of the tech sector, savvy traders should consider selling tech stocks and taking profits at this point.

    For Adobe, 2018 Was a Great Year

    Adobe has delivered impressive growth in recent years, and that trend continued in 2018. Rather remarkably, the revenue increases of both major Adobe business units were almost equal. The company’s Digital Media unit, which accounts for roughly a third of its revenue, generated top-line growth of 27%. The sales of Adobe’s  core Digital Media business, which accounts for around 70% of Adobe’s revenues, increased by 26%. With the revenue of both major divisions increasing more than 25% annually, the company is clearly doing well.

    You may have seen some griping about Adobe’s last earnings report of 2018. The company’s earnings per share did come in below analysts’ consensus estimate, but its revenue came in above the consensus outlook. The earnings shortfall was due to costs related to Adobe’s  acquisition of Marketo. In the long-run, a near-term earnings miss due to M&A won’t affect the company’s outlook meaningfully.

    What is important is that Adobe is no longer just the world’s best image-software company; it now offers a broader business solutions package. Adobe purchased both Marketo and Magento recently. Marketo does B2B marketing while Magento offers digital-marketing solutions. By offering its customers a rich suite of software solutions, Adobe has gained many synergies.

    Adobe’s  revenue jumped nearly 25% last year. Probably not coincidentally, Adobe stock rallied 29% in 2018. Investors tend to price a company like Adobe based on its sales, so it makes sense that ADBE stock rose during a year in which its revenue surged. However, the situation could change in 2019.

    Adobe Stock Is Expensive

    Those who are bearish on ADBE stock can point out an obvious, if true, statement: Adobe stock is really pricey. On a trailing basis, Adobe stock has a price-earnings ratio of 50. Now, to be fair, ADBE had some one-tine costs in 2018. But the company’s forward P/E ratio stands at 27. That’s still quite pricey, especially since analysts have already baked healthy growth into their 2019 projections.

    On a price-sales basis, ADBE stock looks even more expensive. It is currently going for more than 14 times its sales. The normal rule of thumb for fast-growing tech stocks is that they are valued fairly if they’re trading at ten times their sales.

    Consider that even if Adobe’s  revenue jumps 24% again in 2019, it will still be selling for a touch over ten times its sales. Various peers of Adobe are selling for between eight and ten times their sales at the moment, suggesting that Adobe stock price could drop considerably if the valuation of ADBE stock drops to levels that are more in-line with the rest of the tech sector.

    How Much Can the Experience Cloud Grow?

    The big question for ADBE stock, at least for long-term investors, is how far its so-called experience cloud can run. After integrating Marketo, Magento, Tubemogul, and other acquisitions, Adobe is now seen as a leader in the still-emerging marketing-cloud space. As is often the case in tech, Adobe’s first- mover advantage in that area appears to be huge.

    Bulls are buying up Adobe stock because of their belief that the company will become the entrenched leader in the space. Even so, it’s worth asking just how much that achievement would be worth. Consider that the shares of the current leader of the marketing-software space, Salesfore.com (NYSE:CRM), are selling for just 9.5 times its sales.

    Adobe stock would have to drop around 30% to reach Salesforce’s valuation. And Salesforce isn’t exactly considered a value stock ,either. Salesforce has posted average annual revenue growth of 28% over the past five years, and analysts don’t expect that to change much. Does Adobe stock deserve such a large premium over Salesforce’s shares?

    The Verdict on Adobe Stock

    Given the great enthusiasm we are seeing for tech and software stocks, it seems tempting to hold Adobe stock into its earnings which are slated to be announced next month. However, I’d urge investors to be cautious about ADBE stock. Much of the recent gains of Adobe stock price have been triggered by the rallies of other cloud names.

    But Adobe still has to prove its own merits. Analysts will be looking at the company’s M&A costs closely. And with 25% revenue growth already baked into investors’ expectations, Adobe stock may not have all that much room to advance further even if its numbers are relatively strong.

    With tech stocks on fire, it seems like a good time to take some chips off the table, whether we’re talking about ADBE stock or other names in the sector that are making fresh, new all-time highs.

    At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek.



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