Salesforce Is A Steal

Bjorn Bakstad Salesforce Inc. (NYSE:CRM) is an absolute steal right now as the market undervalues the company’s profit potential as a leading cloud company. Salesforce is very profitable and produced impressive profit growth in the last quarter. Salesforce’s poorly received forecast for the second quarter, particularly with respect to sales, culminated in a panic-driven selloff in May from which the stock is yet to fully recover. With that said, though, Salesforce’s profit surge is well underpriced and  ...