10 Best Stocks to Invest in For the Long Term

4. Adobe, Inc. (NASDAQ:ADBE)

5-Year Revenue Growth: 13.41%

Analyst Upside: 35.27%

Number of Hedge Fund Holders: 111

Adobe, Inc. (NASDAQ:ADBE) is one of the best stocks to invest in for the long term. Morgan Stanley analyst Keith Weiss maintained a Buy rating on Adobe, Inc. (NASDAQ:ADBE) on August 1, setting a price target of $510.00.

The analyst based the optimistic rating on Adobe, Inc.’s (NASDAQ:ADBE) solid growth potential and strategic positioning, telling investors that the company’s management has excelled in developing a solid foundation to support sustainable growth in the rapidly evolving design and marketing technology sectors.

This includes expanding opportunities through the integration of content creation and content activation, and leveraging its strong position in the Creative Professionals market.

The analyst added that Adobe, Inc.’s (NASDAQ:ADBE) initiatives to leverage Adobe Express to penetrate the low-end market reflect potential due to widespread use of Adobe Acrobat as a gateway.

Adobe Inc. (NASDAQ:ADBE) is a US-based global technology company that offers services, products, and solutions to fuel digital and immersive experiences and imagine, manage, optimize, and engage with content across surfaces.