Battleground Stock: Adobe; Former Walmart U.S. CEO on the State of the Consumer; Time to Trim Mega-Caps From Your Portfolio? 12/16/24
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A Bull-Bear debate on Adobe, as investors are concerned it’s not yet seeing major gains from AI. Plus, former Walmart U.S. CEO Bill Simon discusses the holiday shopping season, consumer trading down, and the impact of potential Trump tariffs. And, KKM Financial’s Jeff Kilburg says it may be time to trade in profits on big tech for industrials and materials.