5 Best Software Stocks To Buy According To Hedge Funds

3. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 105

Adobe Inc. (NASDAQ:ADBE) is an application software company. It offers cloud-based products and services, among more.

We saw 105 hedge funds long Adobe Inc. (NASDAQ:ADBE) in the fourth quarter, with a total stake value of $8.9 billion.

On January 1, Brent Bracelin at Piper Sandler maintained an Overweight rating and a $705 price target on Adobe Inc. (NASDAQ:ADBE).

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