Salesforce Stock Doubled in 2023. Can It Do It Again in 2024?
Shares of customer relationship management (CRM) software company Salesforce (CRM -0.43%) are up 100% year to date in 2023, as of this writing. These returns have crushed the otherwise impressive 24% gain for the S&P 500. And the explanation for Salesforce's outperformance can be simplistic.In the earnings call for the fiscal third quarter of 2024, co-founder and CEO Marc Benioff started his commentary liberally, using words like "unbelievable," "incredible," and "exciting." And he was largely referring to ...