Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Salesforce, Inc. (CRM) has been on a remarkable rally, rising 32.8% over the past six months despite broader market volatility. This impressive gain outpaces the Zacks Computer – Software industry’s 9% rise and the S&P 500’s 15.3% increase. Even tech giants like Microsoft Corporation (MSFT) , Intuit Inc. (INTU) and Adobe Inc. (ADBE) haven’t matched Salesforce’s recent performance, cementing its position as a leader in enterprise software.One-Month Price Return PerformanceImage Source: Zacks Investment Resea ...

Big Data refers to vast and diverse collections of structured, unstructured and semi-structured data that inundate businesses on a day-to-day basis. It encompasses the volume of information spurred by digital technology advancements, the velocity or speed at which it is created and collected, and the variety or scope of the data points being covered (known as the "three V's" of Big Data). Over the past few years, three additional V's have gained precedence - value, variability and veracity.The big data spac ...

Shares of Salesforce (CRM) were trading lower on Thursday. The company's stock lost 4.5% as of 3:30 p.m. ET but was down as much as 5.4% earlier in the day. The move down comes as the S&P 500 gained 0.1% and the Nasdaq composite gained 0.2% on the day.Salesforce stock took a hit after the sales software giant announced on Wednesday evening that longtime President and COO, Brian Millham, would be retiring.Change in leadershipBrian Millham was with Salesforce for 25 years. Stepping into a newly created role t ...

FILE PHOTO: Robin Washington speaks on stage during 2019 Watermark Conference for Women Silicon Valley at San Jose McEnery Convention Center on February 22, 2019 in San Jose, California.Salesforce on Wednesday said former Gilead Sciences finance chief Robin Washington will join the software maker to become president and chief financial and operating officer. Washington will join Salesforce in March, replacing finance chief Amy Weaver and operating chief Brian Millham, who will retire in May.In August, Sales ...

Salesforce.com (CRM) closed the most recent trading day at $344.14, moving +1.44% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.72%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.35%.The customer-management software developer's shares have seen an increase of 2.64% over the last month, surpassing the Computer and Technology sector's loss of 1.35% and the S&P 500's gain of 1.02%.The upcoming earni ...

Salesforce is reportedly eliminating over 1,000 jobs while hiring staff to sell its artificial intelligence products.Workers who are displaced will be able to apply for other roles within the company, Bloomberg reported Monday (Feb. 3), citing unnamed sources.It wasn’t clear which divisions were affected by the layoffs, the report said. Salesforce, a provider of customer management software, had nearly 73,000 employees as of January 2024, when its previous fiscal year closed.Salesforce did not respond to PY ...

Palm Coast, FL, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Coastal, a top-ranked Salesforce consulting partner, is proud to announce that four of its leaders have been selected to join the elite Salesforce Partner Advisory Boards (PABs). With each board comprising no more than 15 members, these groups help shape the future of Salesforce products. This recognition highlights Coastal’s deep expertise, commitment to delivering meaningful outcomes, and leadership within the Salesforce ecosystem. By participating, Coasta ...

Company Performance - Salesforce.com (CRM) closed at $354, reflecting a -1.65% change from the previous day, underperforming compared to the S&P 500's daily loss of 0.47% [1] - Over the past month, Salesforce.com shares have increased by 7.66%, while the Computer and Technology sector has decreased by 0.19% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated, with predictions of an EPS of $2.60, indicating a 13.54% growth year-over-year [2] - Revenue is expected to reach $10.04 billion, representing an 8.06% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $10.03 per share and revenue at $37.94 billion, showing increases of +22.02% and +8.84% respectively from the previous year [3] - Recent adjustments to analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Valuation Metrics - Salesforce.com has a Forward P/E ratio of 35.88, which is a premium compared to the industry average of 31.18 [6] - The company also has a PEG ratio of 2.42, aligning with the average PEG ratio of the Computer - Software industry [7] Industry Context - The Computer - Software industry is part of the broader Computer and Technology sector, currently ranked 151 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [8] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [8]

Group 1 - Salesforce.com (CRM) shares increased by 4% to $347.10 in the last trading session, contrasting with a 1.4% loss over the past four weeks [1] - The stock's optimism is driven by strong demand as customers undergo digital transformation, supported by Salesforce's comprehensive product suite and partner ecosystem [2] - The upcoming quarterly earnings are expected to be $2.60 per share, reflecting a year-over-year increase of 13.5%, with revenues projected at $10.04 billion, up 8.1% from the previous year [3] Group 2 - The consensus EPS estimate for Salesforce.com has been slightly revised lower in the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] - Salesforce.com holds a Zacks Rank of 3 (Hold), similar to Intuit (INTU), which also has a Zacks Rank of 3 and experienced a 1.5% increase in its last trading session [4][5] - Intuit's consensus EPS estimate remains unchanged at $2.59, representing a year-over-year decrease of 1.5% [5]