Unisphere Sees Value in Salesforce's Long Game

Salesforce, Inc. (NYSE:CRM) is among the undervalued wide moat stocks to buy now. Unisphere Establishment lifted its holdings in the shares of Salesforce, Inc. (NYSE:CRM) by 23.6% during the first quarter, making the stock its 25th largest position. Following the purchase of 100,000 shares of the company’s stock, the fund management firm now owns 523,000 shares with a worth of $140,352,000, translating to an ownership of 0.05%.

Although Salesforce, Inc. (NYSE:CRM) has underperformed the S&P 500 (^GSPC) by almost 14.38% in the last year, analysts remain positive about the company’s long-term rebound and GARP appeal. From robust fundamentals and surging EBIT margins to strong free cash flow and double-digit cRPO growth, the reasons to believe in the company’s future are many.

Like many smart companies embracing AI, Salesforce, Inc. (NYSE:CRM) is moving in the same direction. With Agentforce, Data Cloud, and other such AI platforms progressing rapidly, the company’s efforts towards new revenue streams, and thus future profitability, are further strengthened.

Salesforce, Inc. (NYSE:CRM), incorporated in 1999, is a provider of customer relationship management (CRM) technology that connects enterprises and customers. The core offerings of this California-based company include Agentforce, Data Cloud, Industries AI, Industries AI, and Slack.

While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.