Salesforce, Inc. (NYSE:CRM) ranks among the best FAANG+ stocks to invest in right now. Truist Securities reiterated a Buy stock rating and a $280 price target for Salesforce, Inc. (NYSE:CRM) on March 10, after reports of a planned debt offering. According to reports, Salesforce, Inc. (NYSE:CRM) plans to raise up to $25 billion in debt in order to finance a share buyback. Salesforce’s anticipated bond issuance is expected to be its largest, surpassing the $9 billion raised to fund the acquisition of Slack.

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Analyst Terry Tillman stated that a substantial portion of the firm’s software coverage has focused on either establishing first-time stock buyback authorizations or significantly increasing the size of existing buyback authorizations. This comes after a substantial drop in software stocks over the last few months, driven by AI terminal-value concerns that have dominated the industry.

Salesforce, Inc. (NYSE:CRM) is a California-based provider of customer relationship management (CRM) technology. Incorporated in 1999, the company connects companies and customers together through its core offerings, including Agentforce, Data Cloud, 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.

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