12 Best Growth Stocks to Buy and Hold in 2025

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6. Adobe Inc. (NASDAQ:ADBE)

Analyst Upside as of January 10, 2025: 49%

Number of Hedge Fund Holders: 123

Adobe Inc (NASDAQ:ADBE) has been disrupting the generative AI industry. Some of its major products include Adobe Firefly, Adobe Express, Acrobat AI Assistant, and Adobe GenStudio. The company’s journey to becoming a GenAI giant has been prominent over the last few quarters. Earlier in 2024, Adobe Inc (NASDAQ:ADBE) launched a digital asset management system and later in the year announced the general availability of Adobe Journey Optimizer B2B Edition on its Adobe Experience Cloud.

In October 2024, Adobe Inc (NASDAQ:ADBE) launched the Firefly Video Model in beta, expanding its family of creative generative AI models, safe for commercial use. Similarly, in December 2024, the company announced a partnership with Box, Inc. to shape the way digital media is created and used. With this new integration, users will be able to create the content they need within seconds using AI.

The company holds precedence in the creative industry because of its exemplary tools and features. In addition to that, investors are particularly interested to see how its investments in AI play out in 2025 and beyond. Analysts are also bullish on the stock and their median price target implies an upside of 49% from current levels.

Polen Capital’s Polen Focus Growth Strategy stated the following regarding Adobe Inc. (NASDAQ:ADBE) in its Q3 2024 investor letter:

“We added to several existing positions in the quarter including Adobe Inc. (NASDAQ:ADBE), Workday, Shopify, MSCI, and Paycom Software. We feel Adobe is poised for re-accelerating revenue and earnings growth partially due to the monetization of its Firefly GenAI product embedded in its creative software.”

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