5 Hot Growth Stocks To Buy Right Now

3. Salesforce, Inc. (NYSE:CRM)

P/E Ratio: 71.62

Avg Volume: 5.70 million

Quarterly Revenue Growth: 10.77%

Number of Hedge Fund Holders: 131

Salesforce, Inc. (NYSE:CRM) is a prominent American cloud-based software company specializing in customer relationship management. Offering a suite of customized software and applications spanning sales, customer service, marketing automation, e-commerce, analytics, and application development, Salesforce caters to a diverse array of business requirements.

As of the end of the fourth quarter of 2023, 131 hedge funds tracked by Insider Monkey had stakes in Salesforce, Inc. (NYSE:CRM), marking an increase from 122 funds in the previous quarter. This surge in hedge fund sentiment suggests growing investor interest in Salesforce.