5 Best Advertising Stocks To Invest In

In this article, we will take a look at the 5 best advertising stocks to invest in. To see more such companies, go directly to 12 Best Advertising Stocks To Invest In.

5. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 109

Adobe Inc. (NASDAQ:ADBE) ranks 5th in our list of the best advertising stocks to invest in according to hedge funds. Adobe Inc. (NASDAQ:ADBE) offers advertising Cloud platform.

A total of 109 hedge funds in Insider Monkey’s database had stakes in Adobe Inc. (NASDAQ:ADBE). The most significant stakeholder of Adobe Inc. (NASDAQ:ADBE) was Ken Griffin’s Citadel Investment Group which had a $657 million stake in the company.

Aristotle Large Cap Growth Strategy made the following comment about Adobe Inc. (NASDAQ:ADBE) in its Q3 2023 investor letter:

“Adobe Inc. (NASDAQ:ADBE) is one of the largest and most diversified software companies in the world. It has been known for brands such as Acrobat, Photoshop and Adobe Document Cloud. Adobe’s business is organized into three reportable segments: Digital Media, Digital Experience, and Publishing and Advertising. The Company’s products allow users to express and use information across all print and electronic media.

We see Adobe as a key enabler of digital transformation initiatives through the Digital Media and Digital Experience business segments. Adobe continues to innovate and integrate new capabilities across all its product suites. We see several products per customer continuing to increase, as Adobe users continue to use more products. We see this as a competitive advantage.”