15 AI Stocks Every Investor Should Be Watching

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7. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after the launch of its AI-powered platform called Agentforce. On February 19, Stifel Nicolaus analyst J. Parker Lane maintained a “Buy” rating on the stock and set a price target of $425.00. The firm’s optimism stems from growing interest and investment in its AI-powered Agentforce product which various customers are testing and deploying at the moment.

Even though Agentforce is in the preliminary phase, it has still garnered significant interest. To encourage its broader adoption this year, the company is actively promoting it within its customer base and exhausting resources toward research and development (R&D) and go-to-market (GTM) strategies. Looking ahead to the company’s earnings call, the firm anticipates updates on the customer base for Agentforce, the adoption of Data Cloud services, and also when these initiatives will start contributing to Salesforce’s financial performance in a significant manner.

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