5 Most Undervalued Blue Chip Stocks to Buy According to Hedge Funds

4. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Investors In Q2 2023: 122

Share Price Upside: 15%

Salesforce, Inc. (NYSE:CRM) is a customer relationship management products and services provider. It facing a bit of a controversy these days as a former vice president alleges that the firm lied about the capabilities of a real time customer profile system and fired him for pointing it out.

Insider Monkey’s second quarter of 2023 survey covering 910 hedge funds revealed that 122 had held a stake in the company. Salesforce, Inc. (NYSE:CRM)’s biggest hedge fund shareholder is Ken Fisher’s Fisher Asset Management through a stake worth $2.9 billion.

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