BofA Analyst Favors Large Cap Microsoft, Salesforce As Top AI Software Stocks

Large cap software growth stocks such as Salesforce (CRM) are outperforming as investors rethink the sector's upside from generative artificial intelligence, says a Bank of America analyst. Salesforce stock and software makers such as Palantir Technologies (PLTR) are off 52-week highs heading into earnings reports that start in late April.X The iShares Expanded Tech-Software ETF (IGV) — comprised of many of the major enterprise software players — has gained only 6% in 2024 after soaring 59% last year."Despi ...