10 AI Stocks Taking Wall Street by Storm

8. Five9, Inc. (NASDAQ:FIVN)

Number of Hedge Fund Holders: 29

Five9, Inc. (NASDAQ:FIVN) is a technology company that offers cloud software solutions for contact centers. On December 16, Scott Berg from Needham reiterated a Buy rating on Five9 with a price target of $52.00. The buy rating largely stems from Five9’s innovative advancements in AI technology. In particular, the company’s introduction of AI Agents within its AI Genius suite, a comprehensive product suite for tailoring AI applications to a company’s CX needs, signifies a major advancement in its platform.

Leveraging powerful generative AI technologies, the AI agents deliver more natural and effective customer interactions. A key feature that allows the company to stand out is Five9’s integrated platform, offering a comprehensive solution instead of fragmented solutions that fail to manage entire call sessions. The all-rounded approach, along with real-time data access, positions Five9 as a dominant player in the competitive landscape of AI-powered customer service technologies.