3 Stocks That Look Just Like Salesforce in 2002

3 Stocks That Look Just Like Salesforce in 2002

As one of the first software-as-a-service (SAAS) companies, Salesforce.com started out as a humble supplier of one basic customer relationship management (CRM) software. That product is still its bread-and-butter, but the company has successfully added new software packages to its line-up, and grown by adding new customers and cross-selling its existing customers on new product offerings. 

Salesforce went public as a small company with a large total addressable market. Last year, the company generated revenue of $9.4 billion, roughly 185 times more than it generated in 2003, due solely to its ability to grow its share of a highly attractive market. 

Below, three fools lay the case for Caretrust REIT Inc (NASDAQ: CTRE), ServiceNow (NYSE: NOW), and Shopify (NYSE: SHOP) as companies that could generate incredible returns for investors due to their current size vs. their respective industries.

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Source: Fool.com