Top 10 High Flying AI Stocks This Week

3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce, Inc. (NYSE:CRM) provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. Its service includes sales to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and artificial intelligence. On January 17, analysts at TD Cowen upgraded the stock to a Buy from a Hold, citing the company’s potential as it taps into the emerging agentic artificial intelligence (AI) technology.

Last year, Salesforce, Inc. (NYSE:CRM) unveiled its own agentic AI tool, Agentforce. The technology has the potential to propel the business into its next phase of expansion. While the company predicted 7% to 9% revenue growth in the fourth quarter, the growth estimate did not factor in the impact of Agentforce. Nonetheless, management is optimistic about Agentforce’s potential, characterizing it as a comprehensive AI system for businesses integrated into the Salesforce platform. CEO Marc Benioff anticipates that products such as Agentforce will transform global labour and change the way industries function and grow.