Salesforce Is a Resilient CRM Leader With Strong Growth and an Attractive Valuation

As the clear frontrunner in the customer relationship management software industry, Salesforce Inc. (CRM, Financial) commands a dominant 21.70% market share. This year, the company's stock has seen a mix of investor sentiment, leading to relatively stagnant movement. However, after the release of its first-quarter results, shares dropped by 20%. Salesforce reported total revenue of $9.13 billion, an 11% year-over-year increase, but it fell short of consensus estimates by $13.40 million. Despite this setback ...