Billionaire Steve Cohen’s 10 Large-Cap Stock Picks With Huge Upside Potential

5. Salesforce, Inc. (NYSE:CRM)

Market Cap as of April 24: $240.71 Billion

Point72 Asset Management’s Equity Stake: $297.14 Million

Analysts’ Upside Potential as of April 24: 44.66%

Number of Hedge Fund Holders: 162

Salesforce Inc (NYSE:CRM) is a software application company that provides a Customer Relationship Management (CRM) platform and other business applications. Its solutions help businesses manage customer interactions, automate processes, and improve productivity. The company has deepened investments in enterprise-ready artificial intelligence architecture in its Agentforce offering and strengthened its partnership with Google Cloud.

Nevertheless, Salesforce Inc (NYSE:CRM) has been under pressure, tanking by about 22% as investors increasingly question the company’s artificial intelligence opportunity. Analysts at D.A Davidson downgraded the stock to an underperform from Neutral and cut the price target to $200 from $250 amid concerns about growth in Salesforce legacy products. The departure of the chief operating officer and the appointment of a new chief financial officer also added to investor uncertainty, rattling Salesforce Inc (NYSE:CRM) sentiments in the market. The company providing a 2026 revenue forecast that fell below consensus estimates also rattled investors.

Amid the headwinds, underlying fundamentals have remained resilient, with Salesforce Inc (NYSE:CRM) delivering a 120% year-over-year annual recurring revenue increase in its Data Cloud & AI divisions in Q4 fiscal 2025. Its Q4 2025 revenue was also up 8% year-over-year to $10 billion. The company also raised its quarterly dividend by 4% to $0.42, which is attributed to free cash flow increasing 31% to $12.4 billion, affirming its commitment to returning shareholder value.