Salesforce, Inc.
CRM (NYSE)
Salesforce, Inc. stands out in the information technology sector with a market cap of $256.4 billion and offers a fair value upside potential of 13%. Analysts maintain a median 12-month price target of $320, indicating strong confidence, with 78% of them rating the stock as a 'Buy' or equivalent. Despite recent performance reflecting a 1-year return of -34.16%, the company’s position and prospects remain attractive for long-term investors.
Pros:
- Strong growth potential in cloud services
- Diverse customer base
Cons:
- Recent negative returns
- High competition in software market
Salesforce, Inc. (CRM) may appeal to long-term investors seeking exposure to the information technology sector, particularly those looking for companies with solid market positions and growth potential despite recent volatility. With a moderate dividend yield and analysts expressing confidence in its future performance, it could be a suitable option for investors willing to navigate short-term fluctuations for potential long-term gains.