10 AI Stocks Turning Heads on Wall Street

5. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce. On March 17, Scotiabank lowered the firm’s price target on the stock to $345 from $400 and kept an “Outperform” rating on the shares. According to the analysts, the market is witnessing worsening demand trends and rising odds of a recession. Under these circumstances, the firm is favoring market leaders in the software and services sector; particularly those with strong free cash flow and that are in a better position to capitalize on artificial intelligence.