Salesforce: From Dow Disappointment to Standout Tech Stock
Salesforce (NYSE: CRM) stock jumped nearly 10% on Wednesday afternoon after the customer relationship management (CRM) software company announced strong financial results in its latest quarterly report. The move came as a relief to investors who had watched the stock lose half its value since November 2021.
For long-term investors, the latest news could be even more important. Ever since reaching its pinnacle of success in becoming one of the 30 elite stocks in the Dow Jones Industrial Average (DJINDICES: ^DJI), Salesforce has seemed to struggle for direction. Now, though, Salesforce has regained its vision for the future, and investors have high hopes that the stock will regain its former upward momentum.
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Source Fool.com
