SAN FRANCISCO--(BUSINESS WIRE)-- Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its first quarter fiscal 2024 ended April 30, 2023. ,First Quarter Revenue of $8.25 Billion, up 11% Year-Over-Year ("Y/Y"), up 13%... — read more
While examining the stock performance chart, it is evident that the stock has been performing exceptionally well without significant drawbacks. Nevertheless, in my assessment, it appears that the stock has reached its pinnacle. I’m no experienced... — read more
In the last few years, CRM has significantly increased their share count. It does not surprise me that some consider the stock to be overvalued. I am not planning to invest for the time being.
With the market trending down, it is a real surprise that this stock is still holding up. We should not forget that the Salesforce's EPS is expected to grow 32.7% this year. Year-over-year cash flow growth is 12.1%.
I understand that it is a scary situation when a stock lose half of it’s value in one year, but there must be some people that see this as an opportunity (As I do) To put it simply, I don’t see CRM as a company that is failing, nor do I see its... — read more
I don't believe that CRM will see $300 again for a long time. But now I have a rather divided opinion after Soros added more shares to his stack. It surprised me a little. Any thoughts?
The earnings report was mostly positive and yet the stock keeps going down. I can't figure out why. Salesforce beat expectations on both the top and bottom lines and raised earnings forecast for the full fiscal year. Yes, revenue guidance was reduced... — read more
I read on a couple of insider trading sites that the Salesforce CEO has sold as much as 200.000 shares of the company. While I donćt know that to be true these sites rarely get it wrong, is you ask me. Is this is in fact true, as an owner of CRM... — read more
I thought a thousand times about buying CRM stock. Of course, the factor that makes me hesitate is the price. It's an expensive stock right now and buying it would be a big investment for a person with a similar financial status as me. However, I... — read more
I just read an article about why CRM is not among the highest-profile stocks on the market (like Apple, Tesla, Facebook, Disney, Pfizer or Palantir stock) that are commonly picked by millennials and Robinhood investors. Honestly, I’m really surprised... — read more