Salesforce on Track to Become One of the Most Profitable Cloud Companies

Much of 2023's performance was driven by the narratives of strength seen in the technology sector. More specifically, the conversations around quality and growth were almost always dominated by the Magnificent 7, leading to crowded trades in this cohort of stocks. However, many other stocks also saw their fundamentals improving for the better, leading to more pronounced performances elsewhere. Salesforce Inc. (CRM, Financial) is one example of a stock whose performance in 2023 might be eclipsed by the large ...