Jim Cramer Looked At These 7 Stocks Recently

1. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 123

During the episode, Cramer said to buy Adobe Inc. (NASDAQ:ADBE) as the stock has come down significantly.

“Adobe, okay. Now, I think Adobe has come so far down that it’s just, I think I’m gonna call it a buy. I may look back, I may be criticized, people may think, what the hell is he talking about? But Adobe… I want to own some Adobe.”

Adobe Inc. (NASDAQ:ADBE) is a leading software company recognized for its diverse offerings, especially in the areas of digital media creation and document management. In December 2024, Cramer commented:

“As I mentioned earlier, the enterprise software stocks have been roaring, reacting very positively to pretty much everything these days. So maybe we should start thinking about buying the stock of Adobe, which has some of the very best software to help businesses with marketing and web design. I like this company very much, but it’s been stuck in enterprise software purgatory. Not anymore. Maybe it has a real run by just delivering good numbers.”

While we acknowledge the potential of Adobe Inc. (NASDAQ:ADBE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. 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.

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Disclosure: None. This article was originally published at Insider Monkey.