10 AI Stocks on Investors’ Radar In January 2025

5. Salesforce Inc (NYSE:CRM)

Number of Hedge Fund Investors: 116

Ray Wang, Constellation Research principal analyst, recently explained on CNBC why he is bullish on Salesforce Inc (NYSE:CRM) for 2025:

“We’re big on AI, but the question is, what are the AI derivatives? So, what are the second-order and third-order derivatives of AI? The second-order ones are looking at software companies that are taking advantage of AI because most customers can’t build it on their own. They’re going to want to consume it.”

Polen Focus Growth Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q3 2024 investor letter:

“In the third quarter, we purchased new positions in Apple and Oracle and eliminated our small positions in Nike and Salesforce, Inc. (NYSE:CRM). We exited our position in Salesforce to fund better opportunities in Shopify and MSCI. Salesforce is seeing slower revenue growth than we would have expected, given the weakening macroeconomic environment. Furthermore, since its core end markets in customer relationship management (“CRM”) and Service are fairly mature, a lower growth level versus our expectations could persist for some time.”