10 Best Software Stocks to Buy According to Billionaires

2. Salesforce Inc. (NYSE:CRM)

Number of Billionaire Investors: 23

Billionaire Holdings: $9.0 Billion

Number of Hedge Fund Holders: 162

Salesforce Inc. (NYSE:CRM) is a global leader in customer relationship management (CRM) software. Its cloud-based platform provides solutions for sales, service, marketing, and commerce, enabling businesses to build stronger customer connections using the power of data and AI. Salesforce’s AI-driven tools, including Einstein, offer predictive insights and automation to boost productivity.

On March 12, Salesforce Inc. (NYSE:CRM) announced its plan to invest $1.0 billion in Singapore over the next five years. The company aims to accelerate Singapore’s digital transformation and promote the adoption of Agentforce. With Singapore’s labor force growth slowing due to an aging population and lower birth rates, Agentforce offers a solution to quickly strengthen the workforce in essential service and public sector roles. Similarly, in February, the company had announced a $500 million investment in the Kingdom of Saudi Arabia.

In late February, the company reported strong FY 2025 (FY ending in January) revenue of $37.9 billion, reflecting a 9% year-over-year increase. Total remaining performance obligation (RPO) rose 11% YoY to $63.4 billion, while free cash flow grew a robust 31% to $12.4 billion. However, revenue guidance for FY 2026 was slightly below expectations, with an anticipated range of $40.5-$40.9 billion compared to the consensus estimate of $41.5 billion. Despite this, the street maintains a positive long-term outlook on Salesforce Inc. (NYSE:CRM), with consensus forecasts suggesting an upside potential of 43%.