Wall Street’s Top 10 AI Stocks to Watch Right Now

4. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 116

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after the launch of its AI-powered platform called Agentforce. On March 3rd, DBS analyst Andy Yu CFA maintained a “Buy” rating on the stock with an associated price target of $422.00. Salesforce’s financial performance and strategic initiatives have primarily driven the buy rating.

In particular, the firm noted how its revenue and non-GAAP EPS have surpassed market expectations on the back of Salesforce’s robust subscription model. Moreover, AI tools such as Agentforce and strategic initiatives such as development of its Customer 360 platform position it strategically in the sales and marketing landscape. The company is expected to maintain its leadership in the market, and even though it is facing some global economic uncertainties and competitive pressures, its growth prospects and market position remain robust.