The Same AI Wave Crushing SaaS Stocks May Be About to Rescue These 3 Names
Key takeaways
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Adobe wasn t one of them.
- The SaaS-pocalypse has caused quite a violent reset in the valuations of many software stocks.
- Time will tell, but I do think investors should be more selective when it comes to the names.
The Same AI Wave Crushing Saa S Stocks May Be About to Rescue These 3 Names Joey Frenette Wed, May 6, 2026 at 8:12 PM GMT+7 4 min read ADBE ANTH.PVT SNOW CRWD NVDA Quick Read Stocks: Adobe (ADBE) trades at 14.89x trailing P/E after a 61% decline from highs and has AI offerings through Firefly plus Anthropic’s Claude integration; Crowd Strike (CRWD) is positioned to benefit from agentic AI threats as a cybersecurity platform working alongside Anthropic; Snowflake (SNOW) is pivoting from data warehousing to an AI cloud enabler expected to accelerate growth amid AI spending boom.
SaaS valuations have reset sharply due to AI disruption, but selective companies with meaningful AI integration and adaptability present opportunities as the market may be underestimating their resilience and growth potential in the agentic AI era.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Adobe wasn t one of them. Get them here FREE.