12 High Growth Low Dividend Stocks To Invest In

5. Salesforce, Inc. (NYSE:CRM)

Dividend Yield as of February 24: 0.52%

Number of Hedge Fund Holders: 162

San Francisco-based cloud software company, Salesforce, Inc. (NYSE:CRM), specializes in CRM technology. On February 21, investment advisory Oppenheimer reiterated an Outperform rating on the stock and assigned a $415 price target to the shares. Oppenheimer expects CRM to report strong Q4 results with $10 billion in revenue and $2.60 EPS but warns that guidance may miss investor expectations. The firm has concerns about leadership changes and uncertainty around Agentforce revenue. To regain confidence, the firm suggests that Salesforce must top estimates, clarify growth plans, and capitalize on an IT spending rebound.

In the fourth quarter of 2024, Salesforce, Inc. (NYSE:CRM) made $9.29 billion in revenue, up 11% from last year. For the full year, revenue stood at $34.9 billion, also up 11%, while operating cash flow increased 44% to $10.2 billion. CRM introduced a $0.40 per share quarterly dividend and expanded its share buyback program by $10 billion, returning $1.7 billion to shareholders in Q4 and $11.7 billion since the program commenced. Looking ahead, Salesforce sees an 8-9% increase in FY25 revenue, expecting it to fall between $37.7 billion and $38 billion. It is one of the best high growth stocks to invest in.

Among the hedge funds tracked by Insider Monkey, Salesforce, Inc. (NYSE:CRM) was part of 162 portfolios in Q4 2024, up significantly from 116 in the last quarter. ValueAct Capital is a prominent stakeholder of the company, with 2.9 million shares worth $969 million.