A rising tide

A rising tide: I can’t recall ever blogging investment news but thought the reasoning behind this Piper-Jaffray stock recommendation was worth noting: Since magazine ad sales are up 10% over last year, Piper Jaffray reiterated an “outperform” recommendation on Adobe Systems because “many of Adobe’s products are used in the design and layout of magazine and other print ads.”

That seems a bit of a stretch in logic to me, but a stock-picking blog, this ain’t.