Macromedia Sell-Off Is an Overreaction
The software company's stock looks like a great buy at its current price.
Investors were punishing software company Macromedia (MACR) Friday but may be overreacting to analyst reports that second-quarter revenue growth was less than expected.
At Friday's price of about $70, the stock looks like a great buy for risk-tolerant investors.
Mark Sellers does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.