Do You Believe in the Upward Trajectory of Salesforce (CRM)?

Mar Vista Investment Partners, LLC, an investment management company, released its “Mar Vista U.S. Quality Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was a standout period for US equities, led by optimism over the Federal Reserve’s dovish pivot and the ongoing boom in artificial intelligence (AI). The S&P 500® Index and the Nasdaq Composite surged, representing technology’s relentless momentum.  In the quarter, the strategy returned +3.29% net of fees, compared to +8.00% and +8.12% returns for the Russell 1000 Index and the S&P 500 Index, respectively. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Mar Vista U.S. Quality Strategy highlighted stocks such as Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) offers Customer Relationship Management (CRM) technology that brings companies and customers together. The one-month return of Salesforce, Inc. (NYSE:CRM) was -0.88%, and its shares lost 16.49% of their value over the last 52 weeks. On October 8, 2025, Salesforce, Inc. (NYSE:CRM) stock closed at $240.43 per share, with a market capitalization of $228.889 billion.

Mar Vista U.S. Quality Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its third quarter 2025 investor letter:

“Salesforce, Inc. (NYSE:CRM) stock came under pressure in Q3 as investors weighed the potential impact of trade tensions on GDP growth and IT budgets, concerns over agentic AI cannibalizing Service Cloud seats, and the slower-than-expected ramp of monetization from AI-enabled offerings such as CRM’s AgentForce.

As the global leader in SaaS-based customer relationship management software, Salesforce benefits from a vast repository of customer data. Combined with generative AI capabilities, this data can be leveraged to deliver deeper insights and improved customer outcomes. AgentForce, Salesforce’s newly launched generative AI chatbot, is designed to automate customer service tasks, which lowers costs relative to traditional call center models.

Although still early in its rollout, AgentForce has already attracted significant interest from both customers and global systems integrators. Salesforce reported that approximately 12,500 customers are currently testing AgentForce, including roughly 6,000 paying customers. We believe Salesforce is well positioned to monetize its AI initiatives over time and extend its leadership in the CRM market.”

Why Dividend Investors Should Watch Salesforce’s (CRM) Innovation Edge

Salesforce, Inc. (NYSE:CRM) is in 16th position on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 121 hedge fund portfolios held Salesforce, Inc. (NYSE:CRM) at the end of the second quarter, compared to 140 in the previous quarter. In the second quarter of 2026, Salesforce, Inc. (NYSE:CRM) reported revenue of $10.25 billion, reflecting an increase of 10% year over year and 9% in constant currency. While we acknowledge the risk and potential of Salesforce, Inc. (NYSE:CRM) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Salesforce, Inc. (NYSE:CRM) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Salesforce, Inc. (NYSE:CRM) and shared the list of top blue-chip stocks to buy at 52-week lows. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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