3 Stocks That Could Soar More Than Salesforce
Salesforce.com (NYSE: CRM) has been an undeniable winner since its 2004 IPO.
Shares of the cloud-management specialist have increased 2,200% since then with hardly a pullback. The stock has gained in every year except two. Today, Salesforce is worth more than $70 billion and is still putting up revenue growth in the range of 25%, a sign that plenty of growth and opportunity remain in the cloud software management sector it pioneered.
Given that record, it's not a surprise that investors would look for smaller stocks that could generate similar blockbuster returns. Below, three of our investors share why they believe XPO Logistics (NYSE: XPO), Veeva Systems (NYSE: VEEV), and Control4 Corporation (NASDAQ: CTRL) could be the next Salesforce-like breakout stock.
Source: Fool.com
Salesforce.com Stock
With 79 Buy predictions and 1 Sell predictions Salesforce.com is one of the favorites of our community.
With a target price of 275 € there is a slightly positive potential of 13.64% for Salesforce.com compared to the current price of 242.0 €.
