{"id":12717,"date":"2023-08-18T08:10:31","date_gmt":"2023-08-18T08:10:31","guid":{"rendered":"https:\/\/isafespend.com\/news\/this-company-is-the-no-1-software-player-in-a-i-right-now-says-jim-cramer\/"},"modified":"2023-08-18T08:10:32","modified_gmt":"2023-08-18T08:10:32","slug":"this-company-is-the-no-1-software-player-in-a-i-right-now-says-jim-cramer","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=12717","title":{"rendered":"This company is the No. 1 software player in A.I. right now, says Jim Cramer"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-107288103\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-107288103\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000312285\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Adobe<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> (ADBE) has the best artificial intelligence offerings among software companies right now, CNBC&#8217;s Jim Cramer said Thursday.<\/p>\n<p>&#8220;I think they&#8217;re No. 1,&#8221; Cramer said on &#8220;Squawk on the Street.&#8221;<\/p>\n<p>The maker of Photoshop and InDesign earlier this year launched a generative AI tool called Firefly, which allows users to edit images simply through type commands. Cramer said he believes the rollout of Firefly has been successful, giving Adobe a strong position in the budding AI adoption cycle.<\/p>\n<p>&#8220;It is so good, this Firefly,&#8221; Cramer said.<\/p>\n<div class=\"ArticleBody-blockquote\">\n<p><em>If you like this story, sign up for Jim Cramer&#8217;s Top 10 Morning Thoughts on the Market <\/em><em>email newsletter for free<\/em><em>.<\/em><\/p>\n<\/div>\n<p>Cramer&#8217;s comments Thursday come after Bank of America upgraded Adobe to buy, from neutral, with a revised price target of $630 per share. That implies roughly 22.5% upside from where Adobe stock closed Wednesday, at $514.49 per share. &#8220;I like this call,&#8221; Cramer said, referring to Bank of America&#8217;s bullish outlook.<\/p>\n<p>Shares of Adobe were basically flat Thursday morning. For the year, the stock has climbed around 54%.<\/p>\n<p>Back in March, Adobe and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-6\">Nvidia<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> (NVDA), a top-performing stock in the CNBC Investing Club&#8217;s portfolio, announced a deeper partnership to co-develop advanced generative AI models.<\/p>\n<div class=\"ArticleBody-blockquote\">\n<p><em>Here&#8217;s a full list of the stocks in <\/em><em>Jim&#8217;s Charitable Trust<\/em><em>, the portfolio used by the CNBC Investing Club.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/08\/17\/jim-cramer-says-adobe-is-top-software-player-in-ai-right-now.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adobe (ADBE) has the best artificial intelligence offerings among software companies right now, CNBC&#8217;s Jim Cramer said Thursday. &#8220;I think they&#8217;re No. 1,&#8221; Cramer said on &#8220;Squawk on the Street.&#8221; The maker of Photoshop and InDesign earlier this year launched a generative AI tool called Firefly, which allows users to edit images simply through type<\/p>\n","protected":false},"author":1,"featured_media":12718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-12717","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the 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