Salesforce Plunges 21% YTD: Is CRM Stock Worth Retaining?

Salesforce, Inc. (CRM) has had a tough run this year, with the stock falling 20.7% year to date. That’s worse than the broader Zacks Computer – Software industry, which fell 8.8% during the same period. Compared to key competitors like Microsoft Corporation (MSFT) , SAP SE (SAP) and ANSYS, Inc. (ANSS) , Salesforce’s slump appears even more pronounced.One-Month CRM Stock Price PerformanceImage Source: Zacks Investment ResearchThis steep decline raises the question: Should investors cut their losses and exit, ...