15 Set-It-and-Forget-It Stocks to Buy According to Analysts

3. Salesforce, Inc. (NYSE:CRM)

Analyst Upside: 27.25%

Number of Hedge Fund Holders: 140

Salesforce, Inc. (NYSE:CRM) ranks among the best set-it-and-forget-it stocks to buy. On June 27, Citizens JMP reaffirmed its $430 price target and Market Outperform rating on Salesforce, Inc. (NYSE:CRM) in response to CEO Marc Benioff’s recent remarks regarding the company’s embrace of artificial intelligence.

In an interview with Emily Chang, Benioff said that “AI is doing 30% to 50% of the work at Salesforce now,” referring to a variety of professional duties like software engineering and customer support. According to Patrick Walravens, an analyst at JMP, the firm’s checks show that Salesforce, Inc. (NYSE:CRM)’s Agentforce and AI technologies in customer service settings have a high return on investment.

In a similar vein, the company recently introduced Agentforce 3, a major update to its digital labor platform that includes a new Command Center for AI agent monitoring and optimization. According to reports, early users have seen significant gains as a result of this change, including shorter customer case handle times and more autonomous chat interaction resolution.

Salesforce, Inc. (NYSE:CRM) is a cloud-based software company focused on customer relationship management. The company offers custom software and solutions for various applications, such as analytics, marketing automation, and sales.