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Got $1,000? 3 Top Growth Stocks to Buy That Could Double Your Money
fool.com· 2024-05-23 09:55
Here are three attractive growth stocks that can help to multiply your money.Investing in stocks is an effective way to help build and grow your wealth to better prepare yourself for retirement. You should pay special attention to growth stocks, as the capital gains you can enjoy from holding them over the long term can greatly accelerate your path toward financial freedom. Such stocks usually do not pay dividends, as the underlying business is reinvesting all of its profits and cash back into growth initia ...
3 Cloud Computing Stocks to Buy Now: May 2024
investorplace.com· 2024-05-22 20:30
The cloud computing boom may have lost a bit of its luster as an investing theme since the glorious rise of generative artificial intelligence (gen AI). Undoubtedly, we’ve all gotten used to all the benefits of connecting to the cloud (or a remote data center). Many of us have taken the cloud for granted, as many application developers have already made the transition. In these early innings of AI’s rise, many powerful large language models (LLMs) will need to run on remote data centers. As the number of pa ...
Adobe's (ADBE) New Move Aids Content Creation for Enterprises
zacks.com· 2024-05-22 16:01
Adobe (ADBE) recently launched Adobe Express for Enterprise, which is powered by Adobe Firefly Image Model 3.Adobe Express for Enterprise features Brand Controls, Bulk Create, Generate, and Firefly Custom Models, enabling businesses to speed up marketing content creation and extend on-brand production to various users.The tool integrates with Adobe Acrobat, Creative Cloud, and AEM Assets, as well as Adobe GenStudio, an end-to-end content lifecycle app, allowing marketers to reuse brand-approved content, gen ...
Adobe Systems (ADBE) Outperforms Broader Market: What You Need to Know
zacks.com· 2024-05-20 22:51
In the latest market close, Adobe Systems (ADBE) reached $484.69, with a +0.26% movement compared to the previous day. This change outpaced the S&P 500's 0.09% gain on the day. Meanwhile, the Dow experienced a drop of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.65%.The the stock of software maker has risen by 3.96% in the past month, lagging the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 5.78%.The investment community will be closely monitoring the performan ...
Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock
zacks.com· 2024-05-17 14:06
Adobe Systems (ADBE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this software maker have returned +2.1%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Computer - Software industry, which Adobe falls in, has gained 2%. The key question now is: What could be the stock's future direction?Although media reports or ru ...
Adobe: Generative AI Fears Create An Opportunity (Ratings Upgrade)
seekingalpha.com· 2024-05-17 13:50
wwing Adobe (NASDAQ:ADBE) was once considered a clear generative AI winner, but I am now seeing an increasing number of investors grow fearful of potential long-term risks. That is an argument that I have been making for nearly a year, though these fears continue to be missing from the stellar financial results. The company has sustained enviable double-digit top-line growth alongside robust profit margins, and management continues to direct free cash flow toward share repurchases. The company maintains a s ...
3 Top Cloud Computing Stocks to Invest In Before It's Too Late
InvestorPlace· 2024-05-15 10:09
We live in a fast-paced modern world, and cloud computing and AI have become vital for every business in any sector. The use and demand for both innovations continue to grow, and investors holding cloud computing stocks have also been enjoying their gains. The benefits cloud computing provides (flexibility, scalability and cost-effectiveness) make it essential to most businesses.Moreover, as remote work surges, demand for cloud computing has risen sharply. With companies investing heavily in cloud software, ...
The 3 Best Cloud Computing Stocks to Buy in May 2024
InvestorPlace· 2024-05-08 19:12
After remote work skyrocketed, it is not hard to imagine the demand for cloud computing jumped. With companies racing to have the top cloud software and companies spending big to keep their business up to date, there is no better time for investors to tune in. These three of the best cloud computing stocks to buy are winners you don’t want to miss out on.We’ll cover each of these stocks’ cloud platforms and software and why their unique services and products put them in a fantastic position to prosper amids ...
Adobe Systems (ADBE) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-04-26 22:51
In the latest market close, Adobe Systems (ADBE) reached $477.56, with a +0.87% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 1.02%. On the other hand, the Dow registered a gain of 0.4%, and the technology-centric Nasdaq increased by 2.03%.The software maker's shares have seen a decrease of 6.18% over the last month, not keeping up with the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 3.15%.Investors will be eagerly watching for the performan ...
Why I Sold These 3 Tech Stocks in 2024
The Motley Fool· 2024-04-23 16:00
I recently dropped Adobe, Qualcomm, and Unity from my portfolio.Buying a stock is usually easier than selling a stock. Investors often get greedy and refuse to take profits from their winners, preferring to hold on and hope for more gains. They can also stubbornly stick with their losers because they aren't able to admit they made a mistake.So today, I'll share with you three stocks I recently sold: Adobe (ADBE 0.53%), Qualcomm (QCOM 0.70%), and Unity (U 0.77%). All three initially seemed like good investme ...