10 AI News Investors Shouldn’t Miss

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1.     Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained traction after the launch of its AI-powered platform called Agentforce. On December 18, Macquarie issued a Neutral rating on Salesforce, Inc. (NYSE:CRM) with a price target of $370. The rating was issued after the firm attended the launch of Agentforce 2.0 in San Francisco on Tuesday, which made it incrementally more positive on the company’s progress in developing the updated version of the AI-driven platform and testing it with customers. At the same time, the firm also acknowledges that mass-market adoption will take some time. This may be years, instead of quarters.

While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher 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: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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