When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Salesforce.com (CRM) .Salesforce.com currently has an average brokerage recommendation (ABR) of ...

Salesforce.com (CRM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this customer-management software developer have returned +1.8% over the past month versus the Zacks S&P 500 composite's +1.2% change. The Zacks Computer - Software industry, to which Salesforce.com belongs, has gained 3.8% over this period. Now the key question is: Where could the stock ...

Much of 2023's performance was driven by the narratives of strength seen in the technology sector. More specifically, the conversations around quality and growth were almost always dominated by the Magnificent 7, leading to crowded trades in this cohort of stocks. However, many other stocks also saw their fundamentals improving for the better, leading to more pronounced performances elsewhere. Salesforce Inc. (CRM, Financial) is one example of a stock whose performance in 2023 might be eclipsed by the large ...

Investing great Peter Lynch steered Fidelity Magellan from a fund with $20 million in assets under management (AUM) to $14 billion in AUM in just 13 years years. That’s a compounded annual growth rate greater than 29% and why he is considered a stock market legend. While Lynch may be a legend, that doesn’t mean that AI isn’t slowly becoming a savvy stock predictor as well. In face, there are stocks that AI predicts may become 10-baggers. Combing through the universe of stocks looking for ones that could gro ...

Salesforce, Inc. (CRM) , a leader in artificial intelligence (AI)-driven Customer Relationship Management (“CRM”), has unveiled a suite of innovative tools at NRF 2024 to reshape the retail landscape. These advancements, powered by the Einstein 1 Platform, bring generative AI to Commerce Cloud and Marketing Cloud, offering retailers real-time insights into customer behavior for enhanced interactions.The Einstein 1 Platform seamlessly integrates with retail and shopper data, ensuring real-time context, data ...

Key PointsSalesforce shares are continuing to gain this month after a triple-digit percentage gain last year. Analysts have been upgrading their ratings on the stock and boosting their price targets. For investors on the sidelines, the buy signal doesn't get a whole lot brighter than this. 5 stocks we like better than SalesforceWhile equities as a whole had a strong end to last year, this has been tempered by a slow start to 2024. The benchmark S&P 500 index is still looking to close above its December high ...

SAN FRANCISCO--(BUSINESS WIRE)--Today at NRF 2024, Salesforce (NYSE: CRM), the #1 AI CRM, announced new data and AI-powered tools to transform every shopping experience. With generative AI built into Commerce Cloud and Marketing Cloud, retail merchandisers and marketers can tap into generative tools with a real-time understanding of customer behavior and preferences to optimize every customer interaction — increasing loyalty, driving revenue, and boosting employee productivity. These new retail innovatio ...

Call them secret stocks or hidden gems. While the media tends to trumpet the same stocks repeatedly, plenty of stocks get almost zero notice. And, often they are crushing the broader market and helping to make their shareholders wealthy. Investors need to explore these securities and add them to their portfolios if they hope to achieve long-term growth. This may require looking off the beaten path and tuning out the noise on TV and online message boards. Growth stocks are ripe for the picking, so let’s take ...

Salesforce.com (CRM) closed at $271.93 in the latest trading session, marking a +0.2% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.02%.Coming into today, shares of the customer-management software developer had gained 5.51% in the past month. In that same time, the Computer and Technology sector gained 2.68%, while the S&P 500 gained 3.52%.The investment community will be closel ...

Salesforce (NYSE:CRM) stock is in the news Thursday after Baird analysts upgraded the sales to store data company’s shares.That upgrade has Baird analysts boosting CRM from a “neutral” rating to an “outperform” rating. It also comes alongside a price target increase from $240 per share to $300 per share. That’s a potential increase of 13.6% from yesterday’s close.To put those in perspective, the analysts’ consensus rating and price prediction for CRM is modereate buy based on 40 opinions and $262.36 per sha ...