10 Best Stocks to Buy and Hold For The Next Decade

6. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 117

Salesforce Inc (NYSE:CRM) is a leading cloud provider and one of the best stocks to buy and hold for the next decade. The cloud provider is on its way to becoming an AI powerhouse. The company’s AI cloud platform can support any large language model. Key AI products by the company include Sales AI, Customer Service AI, Marketing AI, and Commerce AI.

Previously, MuleSoft, Salesforce’s software company that provides integration software to connect data and applications, launched AsyncAPI which is capable of building AI-powered customer experiences in real-time. The launch will facilitate the widespread adoption of event-driven infrastructures, allowing businesses to respond to real-time events faster.

Salesforce Inc (NYSE:CRM) is committed to expand and innovate. Last month, the company acquired Zoomin, a data management provider for unstructured data. Salesforce will leverage the unstructured data to power its AI agents. During the same month, the company partnered with NVIDIA to create advanced AI capabilities using autonomous agents and interactive avatar experiences. NVIDIA’s AI technology will be integrated into Salesforce’s platform to significantly improve the customer experience.

The company’s Data Cloud saw a 130% increase year-over-year in paid customers and will be the fastest product to reach $1 billion, $5 billion, and $10 billion. Overall, Salesforce Inc (NYSE:CRM) claims that this is its first step to becoming an AI enterprise and is expecting a major tailwind in revenue due to AI adoption in the coming years.