10 Trending AI Stocks on Wall Street’s Radar

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1. Adobe Inc. (NASDAQ:ADBE

Number of Hedge Fund Holders: 117

Tech behemoth Adobe Inc. (NASDAQ:ADBE) offers a host of tools for web design, photo editing, vector graphics, video/audio production, and mobile app development. Its flagship products are Adobe Photoshop, Illustrator, Acrobat Reader, and other applications for creating multimedia content.

Adobe Journey Optimizer (AJO), the company’s scalable app within the Adobe Experience Platform, is slated to debut its integration into TransPerfect’s GlobalLink solution at the Adobe Summit on March 17. AJO is designed to customize marketing campaigns across various channels such as mobile app, website, email, and in-person. The revamped solution is said to be the first time that an enterprise translation management technology would be integrated into Adobe’s scalable interface.

While we acknowledge the potential of ADBE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ADBE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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