12 Best Dow Stocks to Invest In Right Now

8. Salesforce Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 101

Salesforce Inc. (NYSE:CRM) started July on a positive note. The stock rose about 4% in premarket trading after Guggenheim upgraded it from Neutral to Buy. John DiFucci of Guggenheim set a price target of $228, representing an additional 37% upside from here. The firm said concerns that artificial intelligence could significantly hurt Salesforce are overdone. It also believes the stock’s current valuation presents an attractive entry point for investors.

DiFucci and his team remarked:

To be clear, this is not a call that CRM will be a beneficiary of AI, but we don’t believe it will decline as implied in the current valuation.

The comment shows how software stocks have been beaten down this year so far, and analysts have started to spot attractive valuation opportunities. Earlier, on June 23, Anthropic launched Claude Tag, a new feature that brings its AI assistant directly into Salesforce Inc.’s (NYSE:CRM) Slack app. The feature allows Claude to join Slack conversations, complete tasks when prompted, and work across multiple channels. Claude Tag is currently available in Beta for Claude Team and Claude Enterprise. The feature is powered by Claude Opus 4.8. And replaces the earlier Claude in the Slack app that Anthropic launched last year.

Salesforce Inc. (NYSE:CRM) is a global enterprise software company that provides customer relationship management (CRM) and cloud-based business applications across sales, service, marketing, commerce, and data analytics. Its Customer 360 platform, powered by data tools and trusted AI, enables organizations to unify customer data and drive personalized engagement.