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.

Continue reading


Source Fool.com