Forget Microsoft, Here's a Better Artificial Intelligence (AI) Stock to Buy
Investors piled into both (NASDAQ: MSFT) and Adobe (NASDAQ: ADBE) in 2023. The software giants outperformed a rallying Nasdaq Composite index last year, mainly thanks to soaring optimism about artificial intelligence (AI) and its ability to boost the value of creative and productive software platforms in the years ahead.
While Microsoft has its advantages in this arena, it's far from an ideal growth stock. Let's look at a few reasons why an investor might prefer Adobe shares to gain exposure to the AI boom right now.
Adobe has some workflow software products that help enterprises in the same way that Microsoft does, but its creative focus exposes the business to more gains in the generative AI niche as opposed to Microsoft's core productivity solutions.
Source Fool.com
Microsoft Corp. Stock
With 99 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 406 € shows a slightly positive potential of 5.78% compared to the current price of 383.8 € for Microsoft Corp..
