14 Best American Tech Stocks to Buy Now

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8. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Salesforce, Inc. (NYSE:CRM) is a leading American cloud-based software company that specializes in customer relationship management (CRM) solutions. The company provides software, tools, services, and applications for sales, customer service, marketing, e-commerce, analytics, and IT teams of any size, across any industry. Salesforce, Inc. (NYSE:CRM) operates the world’s top AI CRM platform and serves more than 150,000 businesses with its cloud-based software solutions. Salesforce, Inc. (NYSE:CRM) ranks among the best American stocks to buy now.

On April 9, Truist Securities reaffirmed a “Buy” rating on Salesforce, Inc. (NYSE:CRM) with a price target of $400. This came after an update on Salesforce Industries, one of the company’s key growth segments. Terry Tillman, an analyst at Truist Securities, shared insights after having a discussion with Jeff Amann, Executive Vice President & General Manager of Salesforce Industries. Salesforce Industries is known for its comprehensive vertical solutions tailored for specific industry processes and workflows that often attract premium pricing and drive new business growth. For fiscal year 2025, the segment reported $5.7 billion in annual recurring revenue (ARR), marking a 20% increase year-over-year. This growth reflects more than twice the overall revenue growth by Salesforce, Inc. (NYSE:CRM), which is 9% for the same period. The update highlighted the performance of industry solutions, the potential high-value impact of the company’s agentic AI platform: Agentforce, and the synergies between industry solutions and the broader applications and data segments. Despite a challenging macroeconomic environment, Tillman expressed confidence in the resilient growth of Salesforce Industries.

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