Jim Cramer Discussed These 8 Stocks Recently

4. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 117

Cramer predicted that Adobe Inc.’s (NASDAQ:ADBE) upcoming earnings report will make the stock worth owning.

“The most important part of the week comes Wednesday after the close and that’s when Adobe reports. It’s got to break the spell of undeserved negativity surrounding its stock. I bet CEO Shantanu Narayen will deliver something that makes the stock worth owning into the print.”

Adobe (NASDAQ:ADBE) is a software company offering a variety of products and services. Polen Capital stated the following regarding Adobe Inc. (NASDAQ:ADBE) in its Q4 2024 investor letter:

“Zoetis and Adobe Inc. (NASDAQ:ADBE) were also notable absolute detractors. Adobe is another holding that’s come under pressure this year due to concerns about delays in the company’s ability to monetize its generative AI Firefly offering. Our research suggests that even if open-source generative AI tools proliferate, creative professionals will still need to curate and edit that content in Adobe tools.”