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ADBE being recommended by youtubers
Investor summaryBearish
Author warns that following YouTubers' stock picks like ADBE and CRM has led to massive losses for inexperienced investors.
Bear points
- Stocks heavily promoted by influencers like ADBE and CRM have dropped around 50% over the past year.
- Inexperienced investors blindly following these YouTube recommendations are facing severe financial losses.
Post body
There are so many youtubers promoting this stock, and some of them have 100,000+ followers. They have been recommending the stock for over a year, so if anyone followed their recommendations, they are down like 50%.
And it's not just Adobe, but also Nike, CRM, Paypal, etc.
I have a feeling lots of young inexperienced investors will lose shirt in this market.
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