I shared a thesis about Salesforce, Inc. (NYSE: CRM ) back in August with a 'Strong Buy' rating. It looks like it was a good recommendation because the stock price grew by 24% since then, a much stronger performance compared toComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel ...

The talk of artificial intelligence (AI) agents is becoming more commonplace these days. If you're not familiar with them, it's easy to assume they are "AI-powered" chatbots found on customer service pages that provide canned answers to questions and give you links for more information. AI agents, also referred to as Agenic AI, are much more sophisticated software programs that leverage AI to achieve a specific goal by autonomously making complex decisions using data analysis and machine learning to plan an ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Salesforce.com (CRM) . This company, which is in the Zacks Computer - Software industry, shows potential for another earnings beat.When looking at the last two reports, this customer-management software developer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.73%, on averag ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I initiated coverage of Salesforce, Inc. (NYSE: CRM ) in August 2024 with a 'Buy' recommendation on the stock before it reports for its fiscal Q2 FY2025. At the time, I assumed that despite someDaniel Sereda is chief investment analyst at a family office whose inves ...

On Friday, Goldman Sachs (GS) released a research note suggesting that the S&P 500 is likely to deliver an annualized return of just 3% over the next 10 years. The report pointed to the market concentration issue, with more than a third of the index being invested in just 10 stocks, a pattern that has historically led to below-average returns (read: Is S&P 500 Expected to Underperform? ETFs in Focus).High Market Concentration RisksBen Snider, an equity strategist at Goldman Sachs, emphasized that while the ...

Broadridge customers can now benefit from expanded metrics and analytics to increase sales conversion rates and grow revenueNEW YORK, Oct. 24, 2024 /PRNewswire/ -- Broadridge Financial Solutions Inc. (NYSE: BR) today announced it has launched Distribution Insights for Asset Managers on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to capture data from wherever it lives, strengthening analytics and insights with richer knowledge, context and reaso ...

Salesforce.com (CRM) ended the recent trading session at $288.33, demonstrating a -1.02% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.05%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%.Prior to today's trading, shares of the customer-management software developer had gained 10.25% over the past month. This has outpaced the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76% in that time.Analysts and ...

Salesforce shares jumped 98% in 2023 in part after the business software maker increased its adjusted operating margin after Starboard Value and other activist investors raised concerns about the company's financial performance. Starboard now sees more room for improvement. "They've been doing a great job executing, improving their margins, moving up in the Rule of 40 or Rule of 50 for their for their industry, and we think there's a lot more to go," Starboard CEO Jeff Smith told CNBC's David Faber at the 1 ...

Core Insights - The emergence of agentic AI is expected to significantly impact enterprise software, with a projected global market revenue of $31 billion by the end of 2024 and a growth rate of 32% annually thereafter [2] - Salesforce's new service, Agentforce, is anticipated to enhance productivity for customers and potentially drive the company's stock to record highs, having already seen a 13% increase in 2024 [2] Company Performance - Salesforce reported Q2 fiscal year 2025 revenue of $9.33 billion, an 8.4% increase year-over-year, exceeding expectations by $100 million [3] - Adjusted earnings for the same quarter were $2.56 per share, up 14.8% and 20 cents higher than estimates, with net income reaching $1.43 billion, a 12.8% increase [3] - The revenue forecast for Q3 fiscal year 2025 is $9.335 billion, slightly below consensus, while the full-year revenue forecast is $37.85 billion, reflecting an 8.5% increase [3] Product Offering and Market Position - Agentforce, introduced by Salesforce, is designed to automate various business functions, outperforming traditional chatbots in areas like customer service and marketing [5] - The service has already shown effectiveness, with clients like BACA Systems and Wiley reporting significant improvements in productivity and customer service resolution rates [6] - Salesforce's pricing model for Agentforce is based on usage, charging $2 per conversation or sales lead, which aligns the company's interests with those of its customers [7] Competitive Landscape - Salesforce positions Agentforce as superior to Microsoft's Copilot, claiming that many customers are dissatisfied with Microsoft's offerings [8] - Microsoft, on the other hand, reports a 60% increase in customer adoption of Copilot, indicating strong market demand for its AI solutions [9] - Both companies are racing to enhance their AI capabilities, with Microsoft planning to roll out its own AI agents soon [9] Future Outlook - The success of agentic AI, including Salesforce's Agentforce, could significantly boost revenue and stock prices if it delivers on its promises without inaccuracies [10] - Gartner predicts that intelligent agents in AI will transform decision-making and improve organizational situational awareness through advanced data analysis [10]

Health plans rely on prior authorization to ensure certain recommended treatments and services are safe, evidence-based and high-value for their members. However, according to the American Medical Association's annual survey, 78% of physicians said issues with prior authorization can lead to patients foregoing care. This is in part due to outdated and inefficient healthcare industry processes:About two-thirds of prior authorization requests are submitted manually or partially manually, including by fax mach ...