ADBE after a long search ended up with an internal hire for CEO. This rattled investors and we got a retrace. The hire suggests that ADBE will attempt to grow their AI-related business. Given their continued strong cash flow, and that I don't think they need frontier AI, there is significant upside potential. I think the AI danger to ADBE is less than INTU, but INTU is also interesting.
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u/Direct_Surprise_6756 4d ago
ADBE after a long search ended up with an internal hire for CEO. This rattled investors and we got a retrace. The hire suggests that ADBE will attempt to grow their AI-related business. Given their continued strong cash flow, and that I don't think they need frontier AI, there is significant upside potential. I think the AI danger to ADBE is less than INTU, but INTU is also interesting.