10 AI News and Ratings Shaking Up Wall Street

1. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce, Inc. (NYSE:CRM) is a software application company that provides Customer Relationship Management (CRM) technology that connects customers with businesses. It is one of the company’s well-positioned to capture the growing demand for AI software as a leader in CRM with over 150,000 customers. While the company was under pressure on January 27th, owing to the DeepSeek triggered sell-off, it has bounced back due to the tremendous opportunities presented by AI agents.

Salesforce, Inc. (NYSE:CRM) has made it simple for businesses to set up basic agents to automate a variety of tasks. London’s Heathrow Airport has used its AI agents to coordinate functions like gate changes and the operation of passenger navigation software. Additionally, thanks to Salesforce’s AI agents, 83% of customer inquiries can now be successfully answered without the assistance of a human customer support representative. Due to TD Cowen’s belief in the company’s potential, shares of Salesforce (NYSE:CRM) were upgraded from a “Hold” rating to a “Buy” rating on January 20th.

While we acknowledge the growth potential of Salesforce, Inc. (NYSE:CRM), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article was originally published at Insider Monkey.