3 Reasons Salesforce Is a Buy After 21% Stock Price Drop
If the pandemic has taught us anything, it is that companies have a lot of thinking to do about the future of office technology. The result of that thinking, according to one estimate, is that companies will spend $10 trillion through 2024 transforming their businesses to suit the needs of this new digital world. One company that is well suited to helping these businesses make that transformation. It's stock also happens to be on sale right now.
Salesforce.com (NYSE: CRM), the industry leader in cloud-based customer relation solutions, provides enterprise cloud computing solutions focused on customer relationship management (CRM). An investment of $10,000 five years ago would be worth nearly $37,000 today. But it's not too late to invest in this perennial outperformer.
CRM data by YCharts
Source Fool.com
