Adobe: Generative AI Fears Create An Opportunity (Ratings Upgrade)

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 ...