#6 - Salesforce (NYSE:CRM)
Salesforce (NYSE: CRM) is best known for its customer relationship management software. The company recently introduced Salesforce Einstein, an AI-powered software that uses data to produce actionable results including identifying previously unseen business patterns, generate sales leads, and to perform predictive analysis on marketing copy.
Salesforce is far from a pure-play AI stock. In fact, the company gets its AI credentials through its acquisitions that help it improve its software-as-a-service (SaaS) products. Recently the company acquired Bonobo AI. This company uses AI to analyze customer phone calls, texts and chats to deliver actionable insights.
CRM stock has shaken off its March selloff and is now up over 16% for the year. Although the stock is within 5% of its 12-month price target, the stock has a consensus buy rating with 38 buy ratings and 2 strong buy ratings among the 44 analysts that issue an opinion on the stock.
About Salesforce
Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.
Read More - Current Price
- $342.12
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 31 Buy Ratings, 8 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $336.37 (1.7% Downside)
