Value investing is not just about buying stocks with low valuation ratios. Investing in high growth companies with reasonable valuations can be even more profitable in the long term.
In the words of Warren Buffett himself:
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Salesforce (CRM) is an outstanding growth business, and the stock looks like an attractive proposition for investors looking to buy a wonderful company at a fair price.
An Impressive Growth Business
Salesforce is the undisputed leader in