Adobe (ADBE) could be one of the first companies that can show you a product that is better because of A.I., notes Alex Coffey. He and Jenny Horne discuss ADBE as many analysts have raised their price targets on the stock. Argus raised its price target and said that ADBE has positioned itself at the center of digital video content creation. Alex and Jenny talk about how ADBE has regained quite a bit of value in 2023, but one concern for ADBE would be rising costs on free cash flow generation. They then go over how ADBE is monetizing AI opportunities very well. Tune in to find out more about the stock market today.
Next Gen Investing
19 Sep 2023
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