Adobe Removed from Daniel Ives' AI 30

Adobe Inc. (NASDAQ:ADBE) is among the best stocks to buy now according to AI. Wedbush has removed Adobe Inc. (NASDAQ:ADBE) from its IVES AI 30 list, which is a group of 30 tech companies that Daniel Ives believes will define the future of AI in the years ahead.

Among the biggest fears Adobe Inc. (NASDAQ:ADBE) faces is the rise of generative AI. One wonders: why should I pay a subscription fee to creative professionals when there are cheaper or even free alternatives available for creating and designing? However, there’s certainly more to the company, which is why many analysts recommend buying the stock.

The company’s transition from tools to systems is what’s making it attractive. AI monetization, platform lock-in, and expanding margins, along with Firefly Video Model and premium AI tiers, will position Adobe Inc. (NASDAQ:ADBE) well in the market.

Adobe Inc. (NASDAQ:ADBE) is a California-based technology company that operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. Founded in 1982, the company is committed to empowering everyone, everywhere.

While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.