Adobe (ADBE) Gains 17.7% in 3 Months: What Should You Do Now?
Adobe(ADBE) ZACKS·2024-07-19 15:55
Adobe’s (ADBE) investors have been enjoying some short-term gains from the stock of late. Its shares have rallied 17.7% in the past three months, outperforming the Zacks Computer-Software industry’s return of 6.8% and the S&P 500’s 10.4% growth.The company is significantly benefiting from its strong generative AI capabilities. Its expanding AI-powered product portfolio has been a key catalyst in driving its top-line growth. The solid momentum of its family of creative, generative AI models, Firefly, which h ...