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Actionable news in ADBE: Adobe Systems Incorporated,

More Squawk From Jim Cramer: Adobe (ADBE) Stock Proves Superiority to Tableau Software

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NEW YORK (TheStreet) -- Adobe Systems (ADBE - Get Report) stock is rising 5.21% to $94.65 in morning trading on Friday after reporting a 2016 first quarter earnings and revenue beat and raising its full-year forecast.

"Adobe is one of the most exciting companies that no one talks about," TheStreet's Jim Cramer said on CNBC's Squawk on the Street this morning.

Shares had nonetheless plunged earlier this year after analytics provider Tableau Software (DATA) set its 2016 first quarter outlook well below analysts' estimates and sparked a selloff within the technology sector.

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