This Congresswoman is Buying Adobe (ADBE)

Published 3 hours ago Negative
This Congresswoman is Buying Adobe (ADBE)
We recently published 10 Best AI Stocks to Buy According to American Politicians. Adobe Inc (NASDAQ:ADBE) is one of the best AI stocks to buy.

Adobe Inc (NASDAQ:ADBE) is down 23% so far this year despite launching several AI features in its tools. Why? The market is concerned that a plethora of AI-powered design tools readily available online would negatively impact Adobe Inc (NASDAQ:ADBE) business. However, the stock came on the radar of an important US politician.

Congresswoman Marjorie Taylor Greene bought Adobe Inc (NASDAQ:ADBE) shares worth between $1,001 – $15,000 on Oct. 15. The stock is up about 4% since then. US Senator John Boozman also bought a stake in the company in September.

Pixabay/Public Domain

Diamond Hill Select Fund stated the following regarding Adobe Inc. (NASDAQ:ADBE) in its third quarter 2025 investor letter:

“Though markets have continued rising throughout the year, we have continued finding individual companies whose prices we believe are not reflective of their long-term growth outlooks. Accordingly, we initiated four new positions in Q3, including Colgate-Palmolive, Berkshire Hathaway, Zoetis and Adobe Inc. (NASDAQ:ADBE).

While we acknowledge the potential of ADBE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

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