Outside of the diversified “Magnificent Seven” tech giants, software stocks have largely been left out of the artificial intelligence (AI) rally so far. Thanks to shifting enterprise IT budgets, many software names have underperformed - including Salesforce (CRM), which has struggled significantly in 2024 after spending most of 2023 as the top performer on the Dow Jones Industrial Average ($DOWI).
However, now that CRM has finally established a convincing foothold in positive YTD territory - and won a consensus “Strong Buy" rating on Wall Street, too - is it time to scoop up the shares of this AI software stock? Here's what analysts are anticipating.
