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Salesforce's Stock Is Dirt Cheap
CRMsalesforce(CRM) Seeking Alpha·2024-07-25 03:26
Sundry PhotographyInvestment thesis My previous bullish thesis about Salesforce (NYSE:CRM)(NEOE:CRM:CA) did not age well as the stock price decreased by around 7% over the last three months, while the broader market rallied by 10%. The reason for CRM's poor performance compared to the broader U.S. market is a massive sell-off after the earnings release. In my analysis I explain why I remain bullish. The post-earnings panic was an overreaction, in my opinion. The company's fundamentals are still-rock sol ...