Adobe’s (NASDAQ: ADBE ) moat across creators and brand have given them a position as a multi-year compounder in the software industry. They possess a large recurring revenue stream, with a superior margin structure, and haveAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ( ...