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Salesforce Stock: Bull vs. Bear

TheMotleyFool

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Salesforce Stock: Bull vs. Bear: https://g.foolcdn.com/editorial/images/716247/cloud-computing-data-storage.jpg

The new year is still young, but Salesforce (NYSE: CRM) has already made big headlines this year. The cloud software giant said it would lay off 10% of its employees, or about 8,000 workers, as part of a cost-cutting plan that also included reducing its real estate footprint. CEO Marc Benioff also hinted that more layoffs could come.

Investors cheered the initial announcement, but is the stock a buy right now? To decide, we brought on a bull and a bear to debate the stock. First, the bull pitch:

Image source: Getty Images.

Source Fool.com

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