5 Best SaaS Stocks To Buy Now

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1. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Investors In Q2 2023: 122

Salesforce, Inc. (NYSE:CRM) is one of the largest SaaS companies in the world, particularly within its niche of customer relationship management software products. The firm is currently shifting its operations from the CentOS software to Red Hat Enterprise Linux, and as part of this shift, it is using AI for monitoring any anomalies.

122 out of the 910 hedge funds surveyed by Insider Monkey had bought the firm’s shares in Q2 2023. Out of these, the firm’s largest investor is Ken Fisher’s  Fisher Asset Management since it owns 13.8 million shares that are worth $2.9 billion.

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