In 2023 so far, enterprise software giant Salesforce (CRM) and semiconductor maker Intel Corporation (INTC), like many Big Tech stocks, are riding the artificial intelligence (AI) wave. Following their latest quarterly results and upbeat near-term guidance, CRM and INTC stand out as two of the best Dow stocks.
The Dow Jones Industrial Average ($DOWI), one of the oldest stock market indexes, has gained 8.5% year-to-date. While Intel has gained 61% YTD, Salesforce's strong fiscal Q3 results have propelled its stock price this year to skyrocket 92%. Both stocks have outperformed the 30.8% gain in the tech-heavy NASDAQ Composite Index ($NASX). Nevertheless, Wall Street believes these two AI stocks have more room to run. Let’s find out.
