2 Top AI Stocks Ready for a Bull Run
Artificial intelligence (AI) stocks have been in the limelight in 2023, as the growing adoption of this technology has given several companies a nice boost. This includes the likes of Adobe (NASDAQ: ADBE) and (NYSE: SHOP).
Shares of creative software provider Adobe have shot up 41% so far this year, with almost all its gains coming in the past month, as it emerged that the company's efforts to integrate generative AI into its offerings could turn out to be a solid long-term growth driver.
Shopify's stock, on the other hand, has delivered eye-popping gains of roughly 80% this year. Just like Adobe, a big chunk of Shopify's surge has taken place since the beginning of May, when the company released its first-quarter 2023 results and announced a strategic shift that will allow it to focus better on its core e-commerce platform.
Source Fool.com
Shopify Inc Stock
Currently there is a rather positive sentiment for Shopify Inc with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 44.65% compared to the current price of 51.85 € for Shopify Inc.
