Top 12 Trending AI Stocks on Latest News and Ratings

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1. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce, Inc. (NYSE:CRM) is a software application company that provides Customer Relationship Management (CRM) technology that brings companies and customers together. While the company has been at the forefront of integrating artificial intelligence into its offerings, Bank of America believes the stock has significant upside potential.

On January 23rd, Bank of America reiterated an optimistic outlook, reiterating that Salesforce, Inc. (NYSE:CRM) is well positioned to benefit from its new AI offering, Agentforce. Additionally, an increased spending environment on software should strengthen the company’s revenue base. While the company posted an 8% increase in sales in the third quarter, Bank of America is projecting a 12% to 13% increase by the second half of 2026.

Sales growth should be driven by a software spending cycle showing recovery signs. Regarding Agentforce’s possible contribution, BofA projects that, under ideal circumstances, the new AI-powered service could increase subscription revenue growth by 2% by the second half of FY26.

As we acknowledge the growth potential of Salesforce, Inc. (NYSE:CRM), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. This article was originally published at Insider Monkey.

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