Key insights
- The user is seeking advice on whether to invest in Adobe or Intuit, both of which have seen recent stock price declines despite positive earnings. The discussion touches on the potential impact of AI on these software companies and a speculative mention of Donald Trump's investment in Adobe as a potential catalyst. Given the focus on individual stock picks and speculative catalysts, the direct forward-looking influence on the broader US equity market is neutral.
I'm already down 23% on my Adobe shares. Pretty conflicted on whether or not I should average down or put that money on Intuit. Both soared up quickly two weeks ago after the $SNOW earnings beat but have quickly come back down to new lows. I know the narrative is that AI will swallow both of them whole but I just don't think it will happen, earnings have been good for both companies.
Trump owns $2M-$6M of Adobe so I'm leaning towards that with the hope he somehow pumps it with an announcement or deal with the government like he's done before.
Yeah I know people are probably tired of the Adobe posts but just wondering if you had to pick between the two who you're going with? Or if not these are there better names? SAP? SalesForce? ServiceNow? Workday?