Get ready. You are about to discover three tech stocks to buy that have not participated in the broader tech sector’s upward momentum in 2024. As a result, we believe these tech shares offer significant long-term profit potential. Year-to-date (YTD), the tech-heavy Nasdaq 100 index has advanced over 17%. Now it hovers near all-time highs. Tech giants like Apple (NASDAQ:AAPL), Nvidia (NASDAQ:NVDA), and Microsoft (NASDAQ:MSFT) have led the rally. However, a number of tech stocks have been left behind.As a res ...

Right now, customer relations management software specialist Salesforce (NYSE:CRM) isn’t in favor among investors. Yet, one activist investor is buying while others are selling. His contrarian strategy could provide a huge payoff down the road, and you can also grab some Salesforce stock shares for potential profits.As we’ll discuss in a moment, Salesforce expects to grow its sales and is embracing artificial intelligence technology. However, sometimes the market is hard to please. That’s fine, as the panic ...

John M Lund Photography Inc This CRM Investment Thesis Is A Lot More Compelling After The Deep Pullback As we enter the next super cycle of cloud computing, Big Tech, and eCommerce boom, it is unsurprising that global businesses are increasingly searching for opportunities to better connect with their existing consumers while growing adoption across new markets. And here is where Customer Relationship Management [CRM] comes into the picture since a trustworthy and highly reachable company is more likely to ...

Rosangela Perry/iStock Editorial via Getty ImagesWith the market continuing to dance around all-time highs, I continue to favor contrarian positions that go against the general market take. My goal in buying potential rebound plays is to reduce correlation to broader market swings, and to me, Salesforce (NYSE:CRM) is approaching buy territory. Year to date, shares of Salesforce have lost more than 10% of their value, dramatically underperforming both the S&P 500 as well as other tech companies. Despite ...

Salesforce Inc. (CRM, Financial) reported its fiscal first-quarter 2025 results on May 29. While the company only slightly missed expectations for a couple of key metrics, it then downgraded its expectations for the 2025 fiscal year. This led to the stock dropping 15%.In my opinion, given the company's unchanged fundamentals, continued high growth potential and compelling valuations, this seems like an overreaction. It could present a great opportunity to invest in a long-term winner.Why I like SalesforceBe ...

Sundry Photography/iStock Editorial via Getty ImagesSince I last covered Salesforce (NYSE:CRM) in May last year in the article entitled “Key AI Additions, But Probably Too Late To Get Excited”, it has gained about 10%, including the recent 20% plunge as charted below. Data by YChartsThis thesis aims to show that this is not a buy despite the drop to the $242 level because Salesforce has been unable to halt the deceleration in sales despite rapidly adopting artificial intelligence, while at the same time ...

A near-perfect storm of negative catalysts caused Salesforce (NYSE:CRM) stock to plunge after reporting its first-quarter results on May 30. The shares are likely to stay weak for some time due to the Street’s current aversion to software names in general and Salesforce in particular. Nonetheless, the company’s valuation is quite undemanding at this point, its operating cash flow is rapidly increasing, and it should get a significant bump from the artificial intelligence (AI) boom over the longer term. What ...

Company Overview - Salesforce is the world's largest provider of cloud-based customer relationship management (CRM) services, while ServiceNow is the market leader in cloud-based digital workflow offerings [1] - Salesforce generated nearly 4 times as much revenue as ServiceNow in its latest fiscal year, but ServiceNow's stock has rallied more than 30% compared to Salesforce's 12% over the past 12 months [1] Salesforce Analysis - Salesforce's revenue increased at a CAGR of 24% from fiscal 2018 to fiscal 2023, driven by acquisitions of Mulesoft, Tableau, and Slack [2] - In fiscal 2024, Salesforce's revenue only rose 11% due to macro headwinds, competition from Microsoft Dynamics, and pressure from activist investors [2] - Analysts expect Salesforce's revenue to climb 9% in fiscal 2025, with adjusted EPS rising 57% in fiscal 2024 and expected to jump 20% in fiscal 2025 [3] - Salesforce's stock is valued at 24 times forward earnings and 6 times this year's sales, but it may not command a higher valuation unless top-line growth accelerates [4] ServiceNow Analysis - ServiceNow's revenue increased at a CAGR of 30% from 2017 to 2022, with 2023 revenue climbing 24% despite macroeconomic headwinds [5] - For 2024, ServiceNow forecasts subscription revenue to increase 21.5% on a constant currency basis, with analysts expecting reported revenue and adjusted EPS to grow 21% and 25%, respectively [5] - ServiceNow's near-term growth is expected to be driven by the federal sector and its Now Assist AI platform, with a projected revenue of at least $15 billion in 2026, representing a CAGR of more than 20% from 2023 [6] - ServiceNow's stock is valued at 52 times forward earnings and 13 times this year's sales, and it launched its first stock buyback plan last year but does not pay a dividend [6] Investment Comparison - ServiceNow is considered the better overall investment due to faster growth, fewer near-term headwinds, a clearer plan for the generative AI market, and a tighter business model without heavy reliance on acquisitions or pressure from activist investors [7]

Salesforce（CRM） 更新报告 买入 2024年6月6日 盈利 稳健增长，但营收增长指 引乏力 罗凡环  FY2 5Q1 收 入 低 于 市 场 预 期 ： FY2025Q1 公 司 实 现 收 入 91.3 亿 美 元 852-25321962 （YoY+11%,CC+11%），低于彭博一致预期的91.7亿美元，由于专业服务的持续压 Simon.luo@firstshanghai.com.hk 力、一些许可证收入的波动和持续的审慎购买环境导致收入增长不及预期。GAAP 经营利润率为 18.7%，Non-GAAP 营业利润率 32.1%。GAAP 净利润 15.3 亿美元 李京霖 （YoY+670%）,GAAP净利润率达16.8%（YoY+14.4%）,Non-GAAP净利润24.1亿美 852-25321539 元（YoY+43.8%）,均超过彭博一致预期。经营数据方面，RPO 达 539 亿 （YoY+15%），cRPO 264 亿（YoY+10%）,主要受缓慢的需求环境和销售延长的影 Jinglin.li@firstshanghai.com.hk 响。财务方面，公司Q1经营现金流62.5亿美 ...

The tech-heavy Nasdaq 100 has been on an impressive run this year. It is now up 15% year-to-date, outpacing the S&P 500 by a slight margin and the Dow Jones Industrial Average by a landslide. As the tech-led rally heads into summer, things will get interesting, especially for investors looking for the Federal Reserve to follow the Bank of Canada’s lead by announcing its first rate cut.Just because Canada is cutting doesn’t mean the Fed is bound to follow shortly after. After all, inflation has hit the U.S. ...