5 Best Dow Stocks To Buy Now

2. Salesforce.com, inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce.com, inc. (NYSE:CRM) is a leading CRM cloud company. Given the weak market, shares of salesforce.com, inc. (NYSE:CRM) are down 44% year to date and trade at a forward P/E ratio of 25.05.

On September 22, Keith Bachman of BMO Capital cut his price target on salesforce.com, inc. (NYSE:CRM) to $190 from $207 but kept an ‘Outperform’ rating. Bachman thinks the company’s $50 billion FY26 revenue target is reachable though not easy given the macro and foreign exchange headwinds. By comparison, salesforce.com, inc. (NYSE:CRM) had sales of just over $21.2 billion in 2021.

If salesforce.com, inc. (NYSE:CRM) has higher revenue, the company’s earnings per share could potentially increase.