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​Adobe Inc. (NASDAQ:ADBE) is one of the Best Stocks to Buy While the Market Is Down.

​On April 20, Adobe Inc. (NASDAQ:ADBE) announced major upgrades to Adobe GenStudio, which is the company’s AI platform for content creation. Management noted that they are building an agentic content supply chain, which will automate assembly lines from planning to delivering content across various channels.

​The company also highlighted that this also addresses key pain points, including manual reviews and siloed workflows for more than 20,000 brands using Adobe’s tools. Some of the key new features include Adobe brand intelligence, agentic workflow tools, creative production automation, and more. One of the main features includes a workflow optimization agent that automates planning, reviews, and insights. It treats the agent as a team member who can be assigned tasks.

​That said, earlier on April 17, Adobe Inc. (NASDAQ:ADBE) was maintained with an Outperform rating at RBC Capital. However, the firm reduced the price target from $400 to $350. The rating came before the Adobe Summit event, where the major GenStudio updates were announced.

The firm was already expecting the company to make new product announcements featuring end-to-end workflows. RBC noted that the company needs to accelerate its annual recurring revenue for improved investor sentiment.

​Adobe Inc. (NASDAQ:ADBE) provides software and services for digital content creation and marketing.

While we acknowledge the potential of ADBE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years. 

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