12 Best Tech Stocks to Buy For Long-Term Investment

9. Salesforce Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Salesforce Inc. (NYSE:CRM) provides CRM technology that connects companies and customers. One of its offerings includes Agentforce which is an agentic layer of the salesforce platform. It also offers Slack, which is a workplace communication and productivity platform; and Tableau, which is an end-to-end analytics solution for enterprise use cases and intelligent analytics.

On March 26, Kirk Materne from Evercore ISI reiterated a Buy rating on the company with a $420 price target. This sentiment comes from Salesforce Inc.’s (NYSE:CRM) strong growth, which is fueled by its unified platform. This includes the Customer 360 platform, Data Cloud, and Agentforce AI product line, which together integrate CRM applications, data management, and AI-powered automation. Agentforce was able to acquire 3,000 paying customers in just 90 days.

Agentforce essentially integrates AI agents into core applications and automates customer service inquiries, sales processes, and other workflows. Data Cloud acts as the foundation for Agentforce and provides the data needed for AI-powered automation. It exceeded 50 trillion records and doubled year-over-year in FQ4 2025. The company’s FQ4 revenue increased by 8% year-over-year. Data Cloud and AI ARR surged by 120%. The company now projects FY26 revenue to increase by 7% to 8% growth.

Parnassus Growth Equity Fund stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q4 2024 investor letter:

“Salesforce, Inc. (NYSE:CRM) reported third-quarter results that exceeded analysts’ expectations, as the integration of AI technology across the customer relationship management software company’s product offerings has driven robust growth in new deals.”