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 ...

Which of these cloud software giants is a better investment today?Salesforce (CRM -0.00%) and ServiceNow (NOW 1.48%) both help large companies streamline operations with their cloud-based services. 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.Salesforce and ServiceNow aren't usually considered direct competitors. However, Salesforce also provides digital workflow tool ...

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. ...

Guidance left a lot to be desired, but are investors missing a key metric from Salesforce?Shares of Salesforce (CRM -0.38%) stock took a more than 20% hit after the last earnings update. Co-founder and CEO Marc Benioff has made an incredible pivot from all-out revenue growth to all-out profit margin expansion the last couple of years, but no amount of enthusiasm could cheer investors up this round of quarterly updates. It seems that everyone is worried that artificial intelligence (AI) could become a headwi ...

John M. ChaseMy Caution On Salesforce Stock Panned Out I cautioned Salesforce, Inc. (NYSE:CRM) investors to be wary about chasing a further rally in CRM as I assessed that the optimism was getting too frothy. In my CRM stock update in December 2023, I indicated that while CRM's valuation was still relatively attractive, the risk/reward no longer appealed to me that much. As a result, I downgraded CRM to reflect my increased caution. CRM's buying momentum initially baffled me by allowing the stock to sur ...

After last week's sell-off, Salesforce's stock is now down 10% in 2024.Share prices of Salesforce (CRM 2.63%) plunged last week after the company released its latest quarterly results. While the business is still growing, it didn't provide analysts and investors with the level of growth they were expecting. For a stock that trades at a relatively high valuation, that could put it in a dangerous position. Salesforce is still a dominant name in the tech world, and its customer relationship management (CRM) pl ...