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WORK - Salesforce Is A Core Holding In Our Cloud Decade Portfolio
Slack Technologies Inc. Class A
In our view, Salesforce is the enterprise software suite vendor of choice. If you want to own a generalist vendor, we believe this is the one to hold.
Right now, the stock is in the doldrums on acquisition integration concerns. This is a repeating pattern for Salesforce stock - it has previously paid to buy at such times.
We think the future will rhyme with the past and as a result, we're at Buy on Salesforce for the long term.
We're also waiting for a better moment to add short term. We explain all below.