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Salesforce: Q2 Might Outperform On Lowered Expectations After Q1
CRMsalesforce(CRM) Seeking Alpha·2024-08-26 16:50
Dzmitry Dzemidovich I last covered Salesforce (NYSE:CRM) in June; I put out a Buy rating at the time after its 20% correction after its Q1 FY25 earnings. Since that analysis, the stock has gained over 10% in price, far surpassing the S&P 500's 5.2% change. Now, its Q2 earnings are approaching on August 28th, and I am bullish on CRM coming up to these results as its valuation is slightly more appealing this time around, and analysts have lower expectations. In Q2, we can expect strength from the company  ...