20 Best Stocks to Buy According to Marjorie Taylor Greene

7. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 117 

Adobe Inc. (NASDAQ:ADBE) operates as a diversified software company worldwide. A financial disclosure report dated April 11 shows that Taylor Greene purchased Adobe Inc. (NASDAQ:ADBE) stock worth $1,000-$15,000 on April 9. The notification for the trade was made on April 10. Adobe shares are down over 31% in the past six months, but investment advisory KeyBanc recently upgraded the stock to Sector Weight from Underweight. In an investor note, the advisory noted that the shares are fairly valued and there is probably limited downside from here. Analysts led by Jackson Ader said that they upgraded the stock because they see little room for downside, revisions to fundamentals through the remainder of the fiscal year, and, given that assumption, it is hard to argue for continued multiple compression relative to peers. The analysts added that they may have been too hasty in their criticism of Adobe on metrics. In earnings for the first quarter, Adobe said it expected AI-driven ARR to double by the end of fiscal 2025.