Billionaire Paul Tudor Jones’ 10 Stocks Picks with Huge Upside Potential

8. Adobe Inc. (NASDAQ:ADBE)

Tudor Investment Corporation Equity Stake: $32.47 Million

Stock Upside Potential as of May 7: 32.70%

Number of Hedge Fund Holders: 117

Adobe Inc. (NASDAQ:ADBE) is a software infrastructure company that creates software and digital marketing tools for creative, marketing, and document management purposes. Individuals, businesses, and organizations develop and share content with their software solutions. Likewise, it is one of the companies benefiting from integrating artificial intelligence in its solutions.

Adobe Inc.’s (NASDAQ:ADBE) generative AI-powered solutions increasingly redefine how creative’s and marketers design and deliver personalized experiences at scale. Similarly, multiple generative AI models in Firefly are seen as game changers that strengthen the company’s edge in the segment. In its first quarter fiscal 2025, the company generated over $125 million in bookings from AI-related products and delivered 10% revenue growth.

The fact that about 35% of monthly active subscribers of Photoshop are using the generative AI features on offer underscores their growing need. Likewise, Adobe Inc. (NASDAQ:ADBE) has announced plans to roll out new Firefly web app subscriptions and support third-party AI models as it continues to capitalize on the AI boom. On April 23, Piper Sandler lowered Adobe’s price target from $600 to $500 but maintained an Overweight rating. The firm cited near-term growth challenges from tariffs, policy changes, and AI adoption hurdles. The software sector faces weakening investor sentiment as industry growth slows for the fourth straight year. Despite valuation multiples hitting a seven-year low, the direct tariff impact on software remains minimal.