Jim Cramer supported Adobe Inc. despite decline, but stock fell 16.07% after recommendation.

From Yahoo Finance: 2025-05-16 16:11:00

Jim Cramer supported Adobe Inc. (NASDAQ:ADBE) in May 2024, urging investors to back the CEO despite a 20% decline year-to-date. However, the stock has fallen 16.07% since his recommendation.

Adobe Inc. (NASDAQ:ADBE) is a multinational software company known for its Creative Cloud suite, with Cramer expressing concerns about its stock’s 35% decline from its high. While ADBE has AI tools like Adobe Firefly, Cramer questions if AI is hurting or helping the company.

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Read more at Yahoo Finance: Was Jim Cramer Right About Adobe (ADBE) Stock?