Adobe's Artificial Intelligence (AI) Investments Are Paying Off, but Is the Growth Stock a Buy Now?
Adobe (NASDAQ: ADBE) shares shot up 14.5% last Friday after the company reported strong second-quarter results and boosted its full-year 2024 guidance. Adobe had been one of the poorer-performing stocks in the S 500 index. And even after Friday's gain, it is still down 12% in 2024.
Here's why Adobe could be turning the corner and why the growth stock is worth buying now.
Image source: Getty Images.
Source Fool.com
Adobe Inc. Aktie
502,10 €
-0,61 %
Überwältigendes Buy-Interesse bei Adobe Inc., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 588 € für Adobe Inc. gegenüber dem aktuellen Kurs von 502.1 € wird gesehen.
