r/valueinvesting
Intuit vs Adobe
Down 23% on Adobe, author debates holding vs switching to Intuit, dismissing AI fears due to strong earnings and Trump's ADBE stake.
- Strong recent earnings for both companies contradict the narrative that AI will destroy them.
- Potential political catalyst as Trump holds a significant stake in Adobe.
- Both stocks have quickly retreated to new lows after a brief rally.
- The prevailing market narrative suggests AI could eventually swallow these software companies whole.
I'm already down 23% on my Adobe shares. Pretty conflicted on whether or not I should average down or put that money on Intuit. Both soared up quickly two weeks ago after the $SNOW earnings beat but have quickly come back down to new lows. I know the narrative is that AI will swallow both of them whole but I just don't think it will happen, earnings have been good for both companies.
Trump owns $2M-$6M of Adobe so I'm leaning towards that with the hope he somehow pumps it with an announcement or deal with the government like he's done before.
Yeah I know people are probably tired of the Adobe posts but just wondering if you had to pick between the two who you're going with? Or if not these are there better names? SAP? SalesForce? ServiceNow? Workday?