The Best Stocks to Invest $1,000 in Right Now
Though some parts of the market are expensive right now, others are full of opportunities. So if you've got $1,000 (or any amount of money sitting around), some great stocks are available to purchase at attractive prices. Here are three of them.
Even though its creative design product suite is deployed by almost every company, software giant (NASDAQ: ADBE) is often overlooked by investors. Additionally, it's developing a generative artificial intelligence (AI) copilot that can assist its users in bringing their designs to fruition.
Adobe is also a poster child for financial consistency, and its latest report was no different. In its fiscal 2023 third quarter, which ended Sept. 1, revenue rose 10% year over year and earnings per share increased by about 27% to $3.07.
Source Fool.com
Adobe Inc. Stock
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
With a target price of 588 € there is a slightly positive potential of 17.11% for Adobe Inc. compared to the current price of 502.1 €.
