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The Internet may be a hole that can never be filled.
But that doesn't stop a legion of content providers from working around the clock to create, design, and post the text and images that attempt to fill that hole every day – and that keep us glued to our screens.
And there's one software company that produces the tools those writers, editors, and designers need to create all that content.
This Silicon Valley legend's share price really took off after it successfully moved away from its old-school method of selling individual products – and instead tied itself to the highly profitable cloud subscription model… where it sells an "ecosystem."
Now, thanks to a recent "stealth" acquisition, this firm has the opportunity to rope all those content providers into that "ecosystem" almost entirely.
Today, I'll show you how my longtime readers have already more than doubled their money on this tech stock.
Then, I'll show you how this new acquisition will coax even more users to sign up for the company's cloud subscriptions.
Even better, all those new subscribers means the firm's stock price will double again in just a couple of years…
Wall Street felt the big software firm behind PDF files, Illustrator, and Photoshop was out of touch with cloud computing.
But I told you to keep an eye on Adobe because it had recently unveiled its new subscription model, called Creative Cloud.
Since our original 2013 chat, Adobe has signed up millions of subscribers – and shares are up 101.3%, more than 10 times the Dow Jones Industrial Average's return.
And now Wall Street is missing the story again.
Adobe's $800 million purchase of the Fotolia "stock" photography service last December may have gone unnoticed on Wall Street. After all, it's hard to get excited about such an old-school service.
But the acquisition of Fotolia – which updated the stock photo tradition by putting its database of images online – underscores how Adobe has become a cloud computing profit machine.
For a subscription licensing fee, stock photo services such as Fotolia – you might recognize the names Corbis or Getty Images – provide photos and other images to fill up content like corporate reports, travel brochures, and online articles.
And it's a $3 billion market, according to Heidelberg University.
The company launched Adobe Stock in June, based on Fotolia's platform, with more than 40 million high-resolution images and thoroughly integrated into its Creative Cloud suite of products. And the new service isn't just a nice new addition that simplifies buying stock photos.
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And he was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael is also a Pulitzer Prize-nominated writer and reporter. His first book, "Overdrawn: The Bailout of American Savings" warned people about the coming financial collapse - years before "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.