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CRM - Salesforce: Growth Investors Are Ignoring The Profit Story (Rating Upgrade)
July, 10 2024 08:01 AM
Salesforce.com Inc
2024-07-10 08:01:17 ET
Summary Wall Street is concerned that Salesforce may face headwinds in growth due to generative AI, but may be ignoring the company's growing cash flow. Salesforce has balanced above-market top-line growth with expanding profit margins. I see at least 20% upside potential from multiple expansions alone. I see a clear path to market-beating returns given the net cash balance sheet and solid top-line growth. ...
For further details see:
Salesforce: Growth Investors Are Ignoring The Profit Story (Rating Upgrade)
Stock Information
Company Name:
Salesforce.com Inc
Stock Symbol:
CRM
Market:
NYSE
Website:
salesforce.com
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