12 Best Big Data Stocks To Buy According to Hedge Funds

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1. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce, Inc. (NYSE:CRM) is an American cloud-based software company. Salesforce serves the world’s top AI customer relationship management (CRM) platform with more than 150,000 companies using its cloud-based software. The firm’s complete suite of products unites every team and is the only integrated platform bringing humans together with autonomous agents to lead to customer success.

Salesforce plays a crucial role in leveraging big data. The firm has been the leader in the CRM market for over two decades. CRM platforms are a major way of dealing with big data which helps deliver exceptional customer experiences. Salesforce Platform combines customer data with AI capabilities to take CRM to the next level, Thus, AI-enabled CRM enables analyzing customer behavior, predicting trends, and providing personalized recommendations.

Salesforce, Inc. (NYSE:CRM) has introduced Data Cloud, the only data platform native to Salesforce, which brings the company’s structured and unstructured data together to create an actionable, comprehensive, 360-degree view of customers. Due to Data Cloud’s tremendous customer adoption and success, the firm gained industry recognition and was named a Leader in the Gartner® Magic Quadran for Customer Data Platforms (CDP).

While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for a deeply undervalued AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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